A few days ago, Jiang Yuan, a statistician from the Industrial Department of the National Bureau of Statistics, interpreted the industrial production data for November.
From January to November this year, the added value of industrial enterprises above designated size increased by 6.3 percent year-on-year, 0.1 percentage point slower than that from January to October; of which, in November, the year-on-year growth rate was 5.4 percent, down 0.5 percentage points from the previous month. The structure of industrial production continued to be optimized, high-tech industries, strategic emerging industries, and equipment manufacturing industries grew rapidly, most industries and more than half of their products maintained a growth trend, and the growth rate of the automobile, electronics, and chemical industries slowed down.
First, the high-tech industry is growing rapidly. In November, the added value of high-tech industries increased by 10.8 percent year-on-year, 5.4 percentage points higher than that of all industries above designated size, and accounted for 14.4 percent of the total number of industries above designated size, up 1.4 percentage points year-on-year, of which the aerospace manufacturing industry increased by 19.9 percent year-on-year, an increase of 3.9 percentage points over the previous month.
Second, the proportion of strategic emerging industries has increased. In November, the strategic emerging industries of industries above designated size increased by 8.6 percent year-on-year, 3.2 percentage points higher than that of all industries above designated size, and accounted for 19.5 percent of the total number of industries above designated size, an increase of 1.1 percentage points year-on-year.
On October 12, 2018, the Classification of Strategic Emerging Industries (2018) was adopted at the 15th executive meeting of the National Bureau of Statistics and came into effect on November 7. The strategic emerging industries specified in the classification are based on major technological breakthroughs and major development needs, have a major leading role in the overall and long-term development of the economy and society, and are knowledge- and technology-intensive, less material resource consumption, with great growth potential and good comprehensive benefits, including: information technology industry, high-end equipment manufacturing industry, new materials industry, biological industry, new energy vehicle industry, new energy industry, energy conservation and environmental protection industry, digital creative industry, related services and other 9 major fields.
Among them, 7 types of key instruments and meters, including major complete sets of equipment manufacturing, environmental protection monitoring instruments and electronic equipment manufacturing, marine environmental monitoring and detection equipment manufacturing, new material R&D and design services, biopharmaceutical products manufacturing, biochemical products manufacturing, and new energy vehicle testing equipment, have been supported by strategic emerging industries.
Third, the equipment manufacturing industry has grown rapidly. In November, the equipment manufacturing industry increased by 6.5 percent year-on-year, 1.1 percentage points higher than that of all industries above designated size, and accounted for 33.9 percent of the total number of industries above designated size, an increase of 0.3 percentage points year-on-year. Among them, the manufacturing of special equipment increased by 12.4 percent, an increase of 4.3 percentage points from the previous month, and the manufacturing of electrical machinery and equipment increased by 9.0 percent, an increase of 2.2 percentage points.
Fourth, most industries maintained growth. In November, 38 of the 41 major industries achieved year-on-year growth. Among them, the iron and steel industry increased by 10.4 percent, an increase of 0.3 percentage points from the previous month, the non-ferrous industry increased by 12.8 percent, an increase of 4.1 percentage points, the transportation equipment manufacturing industry increased by 12.7 percent, an increase of 7.7 percentage points, and the water production and supply industry increased by 12.5 percent, an increase of 5.4 percentage points.
Fifth, the output of more than half of the industrial products has increased. In November, 301 of the 596 major industrial products counted increased year-on-year. Among them, rare rare earth metal minerals increased by 41.9 percent, an increase of 14.6 percentage points, civil unmanned aerial vehicles increased by 38.5 percent, an increase of 19.6 percentage points, household vacuum cleaners increased by 14.1 percent, an increase of 8.0 percentage points, and ten non-ferrous metals increased by 12.7 percent, an increase of 7.2 percentage points.
Sixth, the growth rate of the automobile, chemical and electronics industries has slowed down. In November, the growth rate of some industrial industries declined, among them, the automobile industry fell by 3.2%, the second consecutive month of decline; The chemical industry fell from a low level, and the growth rate fell from 4.4% in the previous month to 1.9%; The electronics industry slowed down from a high level, with the growth rate falling from 14.6% to 12.3%, a slowdown of 2.3 percentage points from the previous month.