The National Bureau of Statistics released a series of important economic data. In August, the added value of China's industrial enterprises above designated size increased by 6.1% year-on-year, 0.1 percentage points faster than that in July. The growth rate of industrial production in August rebounded slightly, and the growth rate of high-tech manufacturing continued to lead the industry. The consumer goods market is also stable and positive.
On the 13th, the National Bureau of Statistics released a series of important economic data. In August, the added value of China's industrial enterprises above designated size increased by 6.1% year-on-year, 0.1 percentage points faster than that in July. In August, the total retail sales of consumer goods reached 2,489.3 billion yuan, a nominal increase of 10.8%. From January to August, the national fixed asset investment (excluding farmers) was 338.77 billion yuan, a nominal increase of 10.9% year-on-year, and the growth rate dropped by 0.3 percentage points from January to July. From January to August, the national real estate development investment was 61063 billion yuan, a nominal increase of 3.5% year-on-year, and the growth rate dropped 0.8 percentage points from January to July.
It can be seen from the data that the growth rate of industrial production in August has rebounded slightly, and the growth rate of high-tech manufacturing industry continues to lead the industry. The consumer goods market is also stable and positive. Although the growth rate of fixed asset investment and real estate investment in the country has declined, the investment structure continues to improve and some positive factors are accumulating.
Industry: Industrial added value above designated size increased by 6.1%
In August 2015, the added value of industrial enterprises above designated size increased by 6.1% year-on-year (the growth rate of the added value is the actual growth rate after deducting the price factor), which is 0.1 percentage points higher than that in July. From the ring comparison, in August, the added value of industrial enterprises above designated size increased by 0.53% compared with the previous month. From January to August, the added value of industrial enterprises above designated size increased by 6.3% year-on-year.
In terms of three major categories, in August, the added value of the mining industry increased by 4.0% year-on-year, the manufacturing industry increased by 6.8%, and the electricity, heat, gas and water production and supply industries increased by 1.9%. Jiang Yuan, senior statistician of the Industry Department of the National Bureau of Statistics, explained that the industrial production data in August showed that the growth rate of industrial production in major industries was one of the reasons for the rebound in industrial value added in August. In August, the growth rate of production in major industries such as electric power production and supply, chemical raw materials and chemical products, ferrous metal smelting and rolling processing, non-metallic mineral products, and automobile manufacturing increased by 2.4, 1.5, and 1.3 respectively. , 1.1, 0.7 percentage points.
Moreover, the output growth of more than half of industrial products has accelerated or remained flat. In August, among the major industrial product output, the growth rate accelerated or flat product accounted for 57.8%.
In terms of industries, in August, 39 of the 41 major industries maintained an increase in value added. Among them, the high-tech industry continues to accelerate growth. In August, high-tech manufacturing production increased by 10.5%, 0.9 percentage points faster than July, and 4.4 percentage points higher than the above-scale industries. Among them, pharmaceutical manufacturing increased by 10.3%, electronic and communication equipment manufacturing increased by 12.6%, and information chemical manufacturing increased by 10.3%, and the growth rate continued to accelerate.
In addition, Jiang Yuan said that although the growth rate of industrial production in August rebounded slightly, the basis for recovery was not solid. First, the base is relatively low. In August last year, the industrial growth rate was 6.9%, a sharp drop of 2.1 percentage points from the previous month, which was the lowest point of the year. Second, the growth rate in July this year was a big drop, and the slight rebound in August was certain. The nature of the restoration. The domestic and international market demand for industrial products is still weak, and the downward pressure on industrial production is still relatively large.
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