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China: Value-Added of the Industrial Enterprises above Designated Size Expanded in the First Quarter 2009
added: 2009-04-21
In the first quarter, value-added of the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual income over 5 million yuan) was up by 5.1 percent year-on-year, or 11.3 percentage points lower than that in the same period of 2008.
In terms of main sectors, the growth rate of textile industry mounted up by 6.1 percent; that of manufacture of chemical raw material and chemical products hit 3.7 percent; that of non-metal mineral products industry was up by 10.8 percent; that of smelting and pressing of ferrous metals industry reached 0.3 percent; that of general equipment manufacturing industry rose by 6.8 percent; that of transportation equipment manufacturing industry went up by 2.8 percent; electric machinery and equipment manufacturing industry jumped 9.5 percent; that of telecommunication, computer and other electric facilities manufacturing industry decreased 5.3 percent, and that of production and supply of electric power and heat power expanded 1.5 percent.
In terms of main products, the coal stood at 600 million tons, with a year-on-year increase of 6.3 percent; that of crude oil and electricity reached 50 million tons and 779.7 billion kilowatt-hours, down by 1.6 and 2.0 percent respectively year-on-year; that of pig iron, crude steel and rolled steel achieved 122.38, 127.44 and 144.73 million tons, rose by 4.3, 1.4 and 2.8 percent respectively; that of cement was 280 million tons, up by 12.9 percent; that of vehicles was 2.67 million sets, up by 3.7 percent, of which, automobiles was 1.36 million sets, declined 0.3 percent.
The sales ratio of industrial products was 97.07 percent, down by 0.72 percentage point year-on-year. The export delivery value of industrial enterprises reached 1,452.9 billion yuan, a year-on-year decrease of 16.0 percent.
In March, value-added of the industrial enterprises above designated size increased 8.3 percent year-on-year.