This November, Statistics Says

Industrial production 

In November, the total value added of the above-designated size industrial enterprises 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.

 

Grouped by different sectors, in November all the 39 industrial divisions kept year-on-year growth. Of them, the growth of textile industry was 11.2 percent; the manufacture of raw chemical materials and chemical products, up by 30.7 percent.

 

Moreover, 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.

 

Industrial Profit

From January to November, the above-designated size industrial enterprises reached a total industrial profit of 2,589.1 billion yuan, rose by 7.8 percent year-on-year.

 

Of them, the profits made by state-owned and state-controlled enterprises achieved 751.4 billion yuan, decreased 4.5 percent year-on-year; that of collective-owned enterprises was 54.5 billion yuan, up by 10.3 percent; that of joint-stock cooperative enterprises reached 1,389.0 billion yuan, jumping by 4.2 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 751.1 billion yuan, increased 16.9 percent; and that of private enterprises reached 684.9 billion yuan, rose by 17.4 percent year-on-year.

 

Within 39 branches of industry, the profits of chemical fiber industry climbed 187.4 percent; that of processing of petroleum and coking industry turned to get profits gains of 82.0 billion yuan from net loss of 122.2 billion yuan over same period of last year; that of chemical industry came up by 9.1 percent; that of extraction of petroleum and natural gas decreased 60.7 percent year-on-year.

 

Investment in fixed assets

In the first eleven months of this year, the urban investment in fixed assets reached 16,863.4 billion yuan, ascended 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, with 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.

 

Total retail sales

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, increasing by 14.4 percent, others 19.1 billion yuan, up 1.6 percent.

 

In terms of commodity categories, the sales of grain and oil went up by 14.5 percent; clothing, up by 25.8 percent; articles for daily use, increasing by 16.5 percent; petroleum and products, with a rise of 16.4 percent.

 

Consumer prices

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 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, price for clothing went 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 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, price for clothing went up by 0.9 percent.

 

Producers' prices for manufactured goods

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, 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.

 

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Source form China Textile Magazine

 

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