In March 2018, the total value added of the industrial enterprises above designated size was up by 6.0 percent year-on-year in real terms (the following growth rates of value added are real growth rates, after deducting price factors), a decrease of 1.2 percentage points from the first two months of 2018. In March, the total value added of the industrial enterprises above designated size went up by 0.33 percent month-on-month. In the first quarter, the total value added of the industrial enterprises above designated size was up by 6.8 percent year-on-year.
In view of three sectors, the value added of mining and quarrying decreased 1.1 percent in March, that of manufacturing increased 6.6 percent, and that of production and distribution of electricity, heating power, gas and water was up by 5.8 percent, year-on-year.
Analysis on different types of enterprises showed that, in March, the value added of the state holding enterprises increased 5.7 percent, year-on-year, that of collective enterprises increased 3.9 percent, that of joint-stock enterprises increased 6.5 percent, that of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province increased 4.9 percent.
Grouped by different sectors, in March, 36 industries within 41 industrial divisions kept year-on-year growth. Of this total, the growth of processing of food from agricultural products was 9.3 percent; the textile industry was up by 0.8 percent; the manufacture of raw chemical materials and chemical products, up by 4.3 percent; the manufacture of non-metallic mineral products, down by 0.8 percent; the manufacture and processing of ferrous metals, up by 5.2 percent; the manufacture and processing of non-ferrous metals, up by 5.9 percent; the manufacture of general-purpose machinery, up by 6.8 percent; the manufacture of special-purpose machinery, up by 11.4 percent; the manufacture of automobile industry, up by 9.5 percent; the manufacture of railway locomotives, building of ships and boats, manufacture of air and spacecrafts and other transportation equipments, up by 4.2 percent; the manufacture of electric machinery and equipment, up by 8.4 percent; the manufacture of computer, communication equipment and other electronic equipment, up by 12.8 percent; the production and supply of electric power and heat power, up by 5.1 percent.
In terms of different regions, in March, the value-added of eastern region increased 5.1 percent year-on-year; central region went up by 6.9 percent; western region rose by 6.0 percent; northeastern region went up by 5.4 percent.
In terms of different products, 336 products within 596 products kept year-on-year growth. Of this total, the output of pig iron was 89.77 million tons, went up by 4.2 percent year-on-year; that of cement was 154.43 million tons, down by 15.6 percent; that of 10 kinds of nonferrous metals was 4.55 million tons, up by 3.0 percent; that of ethylene was 1600 thousand tons, up by 1.8 percent; that of automobiles was 2702 thousand sets, up by 0.9 percent; that of cars was 1037 thousand sets, down by 1.6 percent; that of electricity was 528.3 billion kilowatt-hours, up by 2.1 percent; that of crude oil was 51.51 million tons, up by 8.3 percent.
The sales ratio of industrial products in March was 97.3 percent, remained unchanged from the same month of last year. The total export delivery value of industrial enterprises was 1,001.6 billion yuan, a nominal year-on-year increase of 4.0 percent.