In November, the total value added of the industrial enterprises above designated size was up 19.2 percent year-on-year, or 13.8 percentage points higher than that in November 2008, or 3.1 percentage point higher than that in October 2009; it was the seventh consecutive month which witnessed an acceleration of year-on-year growth. In the first eleven months of this year, it was up 10.3 percent year-on-year, which was down by 3.4 percentage points over that in the same period of last year, or 0.9 percentage points higher than that in the first ten months in 2009.
According to preliminary estimation, in November the value added of the industrial enterprises above designated size was up 1.46 percent month-on-month.
Analysis on different types of enterprises showed that in November, 2009 the growth of the state-owned and state holding enterprises went up by 19.0 percent; collective enterprises, 17.4 percent; share-holding enterprises, 22.7 percent; and 14.1 percent growth for enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province. The year-on-year growth of heavy industry in November was 22.2 percent, and 12.6 percent for the light industry.
Grouped by different sectors, in November all the 39 industrial divisions kept year-on-year growth. Of this total, the growth of textile industry was 11.2 percent; the manufacture of raw chemical materials and chemical products, up by 30.7 percent; the manufacture of non-metallic mineral products, up by 20.0 percent; the manufacture of general machinery, 17.6 percent; the manufacture of transport equipment, 31.3 percent; the manufacture of electric machinery and equipment, 16.8 percent; the manufacture of communication equipment, computers and other electronic equipment, 14.4 percent; the production and supply of electricity, gas and water, up 15.6 percent; and the ferrous metal smelting and pressing, up by 27.1 percent.
In terms of different products, of the total 494 products, the output of 421 products showed a year-on-year growth. Of this total, the output of coal was 290 million tons, up by 26.3 percent over the previous year; that of crude oil was 15.67 million tons, down by 1.1 percent; that of electricity was 323.4 billion kilowatt-hours, up by 26.9 percent; that of pig iron was 47.26 million tons, up by 37.4 percent; that of cement was 150 million tons, up by 18.0 percent; that of motor vehicles was 1,440 thousand, up by 100.8 percent, of which, the output of cars was 776 thousand, up by 87.4 percent.
The sales ratio of industrial products in November was 97.82 percent, or 0.20 percentage points lower than that in the previous month. The total export delivery value of industrial enterprises was 687.1 billion yuan, up by 5.3 percent year-on-year.
2. Urban investment in fixed assets kept fast growth.
In the first eleven months of this year, the urban investment in fixed assets reached 16,863.4 billion yuan, up by 32.1 percent year-on-year, or 5.3 percentage points higher than that in the same period of last year; it dropped by 1.0 percentage point over that in the first ten months of this year. Of this total, that in the state-owned and state holding enterprises reached 7,353.5 billion yuan, a rise of 37.8 percent; that in the real estate was 3,127.1 billion yuan, up by 17.8 percent.
Grouped by jurisdiction of project management, in the first eleven months of this year, the central investment reached 1,527.7 billion yuan; the year-on-year growth was 16.4 percent while the local investment was 15,335.7 billion yuan, up by 33.9 percent. Grouped by status of registration, in the first eleven months of this year, the investment by domestic enterprises was 15,513.2 billion yuan, up by 35.6 percent; investment by funds from Hong Kong, Macao and Taiwan was 569.6 billion yuan, up by 1.5 percent; and the investment by foreign funds was 686.5 billion yuan, down by 0.1 percent.
In the first eleven months of this year, the investment in primary industry, secondary industry and the tertiary industry went up by 51.5 percent, 26.1 percent and 36.6 percent respectively. Grouped by different sectors, in the first eleven months of this year, the investment in coal mining and washing was 261.4 billion yuan, up by 33.6 percent; that in production and supply of electric power and heat power 944.2 billion yuan, up 20.2 percent; extraction of petroleum and natural gas 207.5 billion yuan, down by 6.5 percent; railway transport 464.6 billion yuan, up 80.7 percent.
Analysis on projects under construction or started this year showed that in the first eleven months of this year, projects under construction numbered 429,470, an increase of 100,493 over the same period of last year; the total planned investment in projects under construction reached 39,308.7 billion yuan, up by 36.3 percent year-on-year; projects newly started this year totaled 317,012, a rise of 88,236; the total planned investment was 13,692.2 billion yuan, up by 76.6 percent over the same period of last year.
In terms of funds in place for investment, in the first eleven months of this year, 18,948.7 billion yuan had been invested, a year-on-year growth of 39.2 percent. Of this total, the growth of government budgetary funds went up by 69.8 percent; investment from domestic loans went up 46.4 percent; that from self-raising funds went up by 32.2 percent and that from foreign investment down by 15.2 percent,
3. Total retail sales of consumer goods maintained steady growth.
In November, the total retail sales of consumer goods reached 1,133.9 billion yuan, a year-on-year rise of 15.8 percent, which was 5.0 percentage points lower than that in November 2008, or 0.4 percentage point lower than that in the previous month of this year. In the first eleven months of this year, the total retail sales of consumer goods were 11,273.3 billion yuan, a year-on-year growth of 15.3 percent, or down by 6.6 percentage points over that in the same period of last year. It maintained the same level over that in the first ten months of this year.
Analyzed by different areas, the retail sales in cities reached 760.6 billion yuan in November, up by 16.5 percent, and the retail sales at and below county level stood at 373.3 billion yuan, up by 14.4 percent.
Grouped by different sectors, in November, the sales by wholesale and retail businesses reached 957.3 billion yuan, up by 16.4 percent, that by lodging and catering industry was 157.5 billion yuan, up by 14.4 percent, others 19.1 billion yuan, up 1.6 percent.
Grouped by commodity categories, the sales of grain and oil went up by 14.5 percent; meat, poultry and eggs up by 6.8 percent; clothing, up 25.8 percent; articles for daily use, up 16.5 percent; household appliances, music and video equipment, up 24.9 percent; motor vehicles, up 61.5 percent; petroleum and products, up 16.4 percent; building and decoration materials, up 43.3 percent.
4. The year-on-year change of consumer prices reversed from negative growth to positive one.
In November, the consumer price index went up by 0.6 percent year-on-year (it was 2.4 percent growth in November 2008), and the month-on-month change shifted from previous negative growth to current positive growth. In November, the price grew by 0.4 percent in cities and 0.9 percent in rural areas year-on-year. The food price went up by 3.2 percent while the non-food price dropped by 0.7 percent. The prices of consumer goods went up by 0.9 percent, and the prices of services down by 0.4 percent. In the first eleven months, the year-on-year change of consumer price was down by 0.9 percent (it was 6.3 percent growth the same period a year ago), or narrowed by 0.2 percentage point as compared with that in the first ten months of this year. Grouped by commodity categories, in November, of the eight categories of commodities, three of them experienced prices rise and the rest five witnessed prices decline. Of which, prices for food up by 3.2 percent, prices for tobacco, liquor and articles up by 1.3 percent, price for clothing went down by 1.2 percent, prices for household facilities, articles and maintenance services down by 1.1 percent, health care and personal articles up by 1.6 percent; transportation and communication down by 2.2 percent, recreation, education, culture articles and services down by 0.6 percent, and housing down by 1.2 percent.
In November this year, month-on-month change of consumer price was up by 0.3 percent. Of which, price in cities went up by 0.3 percent and that in rural areas went up by 0.4 percent. The food price grew by 0.5 percent while the non-food price up by 0.2 percent. The price of consumer goods grew by 0.5 percent, and the price of services down by 0.3 percent. Grouped by commodity categories, in November, prices for food up by 0.5 percent month-on-month, prices for tobacco, liquor and articles up by 0.1 percent, price for clothing went up by 0.9 percent, prices for household facilities, articles and maintenance services up by 0.1 percent, health care and personal articles up by 0.3 percent; transportation and communication up by 0.1 percent, recreation, education, culture articles and services down by 0.8 percent, and housing up by 0.8 percent.
5. The decrement of producers’ prices for manufactured goods (year-on-year change) further narrowed down.
In November, the producers’ prices for manufactured goods went down by 2.1 percent year-on-year (it was 2.0 percent growth in November 2008), or the decrement rate was 3.7 percentage points less that in the previous month. In the first eleven months of this year, the year-on-year change of the producers’ price for manufactured good was down by 6.0 percent (it was up 7.6 percent the same period a year ago), which was 0.4 percentage point lower over that in the first ten months of this year. The producers’ prices for means of production went down by 2.7 percent year-on-year in November, of which that for mining and quarrying industry down by 4.1 percent, raw materials industry down 1.7 percent and processing industry down by 2.9 percent. The producers’ prices for means of livelihood dropped by 0.2 percent, of which, the food prices up by 0.6 percent, clothing up by 1.1 percent, articles for daily use down by 1.1 percent and durable consumer goods down by 1.6 percent. In November, the month-on-month change of the producers’ prices for manufactured good went up by 0.6 percent.
In November, the purchaser’s prices for raw materials, fuel and power decreased by 3.6 percent year-on-year (it was up 4.7 percent in November 2008), the decrement was 4.8 percentage points less over that in the previous month. In the first eleven months of this year, the purchaser’s prices for raw materials, fuel and power decreased by 8.9 percent year-on-year (it was up 11.6 percent in the same period of last year), or 0.5 percentage point lower than that in the first ten months of this year. In November, the year-on-year change of prices for nonferrous metals and wire went up by 3.7 percent, fuel and power down by 5.0 percent, ferrous metals down by 10.4 percent and 5.0 percent decline for raw chemical materials.
