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The Added Value Of Industries Above Designated Size Increased By 6.2% Year On Year In November

Date:Dec 17, 2019

In November, the added value of industries above designated size increased by 6.2% year on year, 1.5 percentage points higher than that of last month. From January to November, the added value of industries above designated size increased by 5.6%, the growth rate was the same as that from January to October. In terms of economic types, in November, the added value of state-owned holding enterprises increased by 3.7%; that of joint-stock enterprises increased by 7.0%; that of foreign, Hong Kong, Macao and Taiwan invested enterprises increased by 3.2%; that of private enterprises increased by 8.9%, 3.5 percentage points higher than that of last month. In terms of three categories, the added value of mining industry increased by 5.7%, manufacturing industry by 6.3%, and power, heat, gas and water production and supply industry by 6.7%. The added value of high-tech manufacturing industry and equipment manufacturing industry increased by 8.9% and 8.5% respectively, 2.7% and 2.3% faster than that of industries above Designated Size; among them, the medical equipment and instrument manufacturing industry, electronic and communication equipment manufacturing industry increased by 12.6% and 10.8% respectively, 6.4% and 4.6% faster than that of industries above designated size. The output of solar cells and integrated circuits increased by 23.0% and 18.2% respectively. Automobile production increased by 3.7%. Among the PMI sub indexes, the production index, new order index and supplier delivery time index are 52.6%, 51.3% and 50.5% respectively, which are higher than the critical point and are all higher than last month. The expected index of production and operation activities of manufacturing industry is 54.9%, which is in a higher boom range.