Grouped by different sectors, in July all the 39 industrial divisions enjoyed year-on-year growth. Of this total, the year-on-year growth of 16 out of the 39 industrial divisions was faster than that in the previous month; that of the other 22 industrial divisions dropped down. The growth of textile industry was 8.6 percent; the manufacture of raw chemical materials and chemical products, up by 11.7 percent; the manufacture of non-metallic mineral products, up by 14.0 percent; the manufacture of general machinery, 11.3 percent; the manufacture of transport equipment, 20.4 percent; the manufacture of electric machinery and equipment, 11.0 percent; the manufacture of communication equipment, computers and other electronic equipment, 5.3 percent; the production and supply of electricity, gas and water, up 5.3 percent; and the ferrous metal smelting and pressing, up by 10.1 percent.
In terms of different products, of the total 494 products, the output of 271 products showed a year-on-year growth. Of this total, the output of coal was 260 million tons, up by 14.8 percent over the previous year; that of crude oil was 16.14 million tons, down by 0.3 percent; that of electricity was 334.5 billion kilowatt-hours, up by 4.8 percent; that of pig iron was 50.68 million tons, up by 12.6 percent; that of cement was 140 million tons, up by 21.6 percent; that of motor vehicles was 1,137 thousand, up by 51.6 percent, of which, the output of cars was 632 thousand, up by 55.2 percent.
The sales ratio of industrial products in July was 97.94 percent, or 2.6 percentage points higher than that in June this year. The total export delivery value of industrial enterprises was 603.31 billion yuan, down by 14.7 percent year-on-year.
2. Urban investment in fixed assets continued to grow in fast speed.
In the first seven months of this year, the urban investment in fixed assets reached 9,539.2 billion yuan, up by 32.9 percent, or 5.6 percentage points higher than that in the same period of last year; it was 0.7 percentage point lower than that in the first half of this year. Of this total, that in the state-owned and state holding enterprises reached 4,119.2 billion yuan, a rise of 40.1 percent; that in the real estate was 1,772.0 billion yuan, up by 11.6 percent.
Grouped by jurisdiction of project management, in the first seven months of this year, the central investment reached 837.0 billion yuan, the year-on-year growth was 25.3 percent while the local investment was 8,756.2 billion yuan, up by 33.7 percent. Grouped by status of registration, in the first seven months of this year, the investment by domestic enterprises was 8,798.1 billion yuan, up by 36.8 percent; investment by funds from Hong Kong, Macao and Taiwan was 329.3 billion yuan, down by 1.9 percent; and the investment by foreign funds was 414.8 billion yuan, up by 1.3 percent.
In the first seven months of this year, the investment in primary industry, secondary industry and the tertiary industry went up by 62.5 percent, 27.8 percent and 36.5 percent respectively. Grouped by different sectors, in the first seven months of this year, the investment in coal mining and washing was 145.8 billion yuan, up by 39.6 percent; that in production and supply of electric power and heat power 539.6 billion yuan, up 22.7 percent; extraction of petroleum and natural gas 119.3 billion yuan, down by5.7 percent; railway transport 239.1 billion yuan, up 126.9 percent.
Analysis on projects under construction or started this year showed that in the first seven months of this year, projects under construction numbered 308,914, an increase of 70,459 over the same period of last year; the total planned investment in projects under construction reached 32,589.9 billion yuan, up by 36.4 percent year-on-year; projects newly started this year totaled 205,716, a rise of 61,249; the total planned investment was 8,556.7 billion yuan, up by 83.1percent over the same period of last year.
In terms of funds in place for investment, in the first seven months of this year, 11,362.0 billion yuan had been invested, a year-on-year growth of 38.5 percent. Of this total, the growth of government budgetary funds went up by 84.3 percent; investment from domestic loans went up 46.7 percent; that from self-raising funds went up by 33.8 percent and that from foreign investment down by 8.9 percent.
3. Retail sales of consumer goods increased steadily.
In July, the total retail sales of consumer goods reached 993.7 billion yuan, a year-on-year rise of 15.2 percent, which was 8.1 percentage points lower than that in the same period last year, or 0.2 percentage point higher than that in June this year. In the first seven months of this year, the total retail sales of consumer goods were 6,864.8 billion yuan, a year-on-year growth of 15.0 percent, or down by 6.7 percentage points over that in the same period of last year. It maintained the same level over that in the first half of this year.
Analyzed by different areas, the retail sales in cities reached 679.4 billion yuan in July, up by 15.1 percent, and the retail sales at and below county level stood at 314.3 billion yuan, up by 15.4 percent.
Grouped by different sectors, in July, the sales by wholesale and retail businesses reached 841.0 billion yuan, up by 15.2 percent, that by lodging and catering industry was 136.5 billion yuan, up by 16.8 percent, others 16.2 billion yuan, up 2.6 percent.
Grouped by commodity categories, the sales of foods, clothing, and articles for daily use by wholesale and retail businesses above designated size increased by 13.3 percent, 19.1 percent, and 15.2 percent respectively year-on-year. Of this total, prices for grain and oil went up by 11.9 percent; meat, poultry and eggs up by 6.6 percent; clothing, up 19.6 percent; articles for daily use, up16.3 percent; household appliances, music and video equipment, up 8.0 percent; motor vehicles, up 32.0 percent; petroleum and products, up 1.1 percent; building and decoration materials, up 25.8 percent.
4. The year-on-year change of consumer prices declined to some extent, month-on-month change maintained the same level.
In July, the consumer price index went down by 1.8 percent year-on-year (it was 6.3 percent growth in July 2008), or 0.1 percentage point lower than that in the previous month. In July, the price dropped by 1.9 percent in cities and 1.6 percent in rural areas year-on-year. The food price went down 1.2 percent while the non-food price dropped by 2.1 percent. The prices of consumer goods went down by 2.0 percent, and the prices of services down by 1.4 percent. In the first seven months, the year-on-year change of consumer price was down by 1.2 percent (it was 7.7 percent growth the same period a year ago), or 0.1 percentage point lower than that in the first half of this year. Grouped by commodity categories, in July, of the eight categories of commodities, two of them experienced prices rise and the rest six witnessed prices decline. Of which, prices for food down by 1.2 percent, prices for tobacco, liquor and articles up by 1.2 percent, price for clothing went down by 2.4 percent, prices for household facilities, articles and maintenance services down by 0.4 percent, health care and personal articles up by 0.7 percent; clothing down by percent, transportation and communication down by 2.7 percent, recreation, education, culture articles and services down by 0.7 percent, and housing down by 5.8 percent.
In July this year, month-on-month change of consumer price maintained the same level. Of which, price in cities had no change and that in rural areas went up by 0.1 percent. The food price went down 0.2 percent while the non-food price up by 0.1 percent. The price of consumer goods went down by 0.1 percent and the price of services up by 0.5 percent. Grouped by commodity categories, in July, prices for food down by 0.2 percent month-on-month, prices for tobacco, liquor and articles up by 0.2 percent, price for clothing went down by 0.9 percent, prices for household facilities, articles and maintenance services down by 0.2 percent, health care and personal articles maintained the same level over that in the previous month; transportation and communication up by 0.5 percent, recreation, education, culture articles and services up by 0.6 percent, and housing up by 0.3 percent.
5. The year-on-year change of producers’ prices for manufactured goods continued to decrease, the month-on-month change rose up.
In July, the producers’ prices for manufactured goods went down by 8.2 percent year-on-year (it was 10.0 percent growth in July 2008), or 0.4 percentage point lower over that in the previous month. In the first seven months of this year, the year-on-year change of the producers’ price for manufactured good was down by 6.2 percent (it was up 8.0 percent the same period a year ago), which was 0.3 percentage points lower over that in the first half of this year. The producers’ prices for means of production went down by 10.1 percent year-on-year in July, of which that for mining and quarrying industry downed by 23.8 percent, raw materials industry down 12.1 percent and processing industry down by 7.4 percent. The producers’ prices for means of livelihood dropped by 2.3 percent, of which, the food prices down by 3.1 percent, clothing 0.6 percent, articles for daily use down by 1.9 percent and durable consumer goods down by 2.8 percent. In July, the month-on-month change of the producers’ prices for manufactured goods went up by 1.0 percent, which was the fourth consecutive month of growth.
In July, the purchaser’s prices for raw materials, fuel and power decreased by 11.7 percent year-on-year (it was up 15.4 percent in July 2008), or 0.5 percentage point lower than that in the previous month. In the first seven months of this year, the purchaser’s prices for raw materials, fuel and power decreased by 9.2 percent year-on-year (it was up 11.7 percent in the same period of last year), or 0.5 percentage point lower than that in the first half of this year. In July, the year-on-year change of prices for nonferrous metals, fuel and power, ferrous metals and raw chemical materials went down by 25.0 percent, 16.1 percent, 20.7 percent and 11.7 percent respectively.
