The Added Value of China's Chemical Raw Materials and Products Manufacturing Industry Increased by 9.6% YOY in November

Data released by the National Bureau of Statistics of China on December 15 showed that in November, the added value of China's industrial enterprises above designated size actually increased by 6.6% year-on-year, and increased by 0.87% month-on-month. Among them, the oil and natural gas extraction industry increased by 1.8%, and the chemical raw materials and chemical products manufacturing industry increased by 9.6%.

Divided into three categories, in November, the added value of the mining industry increased by 3.9% year-on-year, the manufacturing industry increased by 6.7%, and the electricity, heat, gas and water production and supply industry increased by 9.9%.

In terms of economic types, in November, the added value of state-controlled enterprises increased by 7.3% year-on-year; joint-stock enterprises increased by 7.2%; foreign, Hong Kong, Macao and Taiwan-invested enterprises increased by 4.4%; private enterprises increased by 5.2%.

Looking at different industries, in November, the added value of 28 of the 41 major industries maintained year-on-year growth. Among them, the coal mining and washing industry increased by 5.2%, the oil and natural gas mining industry increased by 1.8%, the agricultural and sideline food processing industry decreased by 0.5%, the wine, beverage and refined tea manufacturing industry increased by 4.8%, the textile industry increased by 2.1%, the chemical raw materials and chemical products manufacturing industry increased by 9.6%, the non-metallic mineral products industry decreased by 0.6%, the ferrous metal smelting and rolling processing industry increased by 5.1%, the non-ferrous metal smelting and rolling processing industry increased by 10.2%, and the general equipment manufacturing industry increased by 0.8%. Special equipment manufacturing industry increased by 1.9%, automobile manufacturing industry increased by 20.7%, railway, shipbuilding, aerospace and other transportation equipment manufacturing industry increased by 12.7%, the electrical machinery and equipment manufacturing industry increased by 10.2%, the computer, communications and other electronic equipment manufacturing industry increased by 10.6%, and the electricity and heat production and supply industry increased by 9.2%.

In terms of products, in November, the output of 367 out of 620 products increased year-on-year. Among them, the output of steel was 110.44 million tons, an increase of 4.2% year-on-year; the output of cement was 189.79 million tons, an increase of 1.6%; the output of ten non-ferrous metals was 6.5 million tons, an increase of 7.1%; the output of ethylene was 2.69 million tons, an increase of 4.8%; Automobile production was 2.953 million units, an increase of 23.6%, of which new energy vehicle output was 1.006 million units, an increase of 35.6%; power generation output was 731 billion kilowatt hours, an increase of 8.4%; crude oil processing volume was 59.53 million tons, an increase of 0.2%.

In November, the product sales rate of industrial enterprises was 97.4%, an increase of 0.5 percentage points year-on-year; the export delivery value of industrial enterprises was 1258 billion yuan, a nominal decrease of 3.0% year-on-year. From January to November, the added value of industries above designated size increased by 4.3% year-on-year. Among them, the oil and natural gas extraction industry increased by 3.7%, and the chemical raw materials and chemical products manufacturing industry increased by 9.5%.