In May 2018, the total value added of the industrial enterprises above designated size was up by 6.8 percent year-on-year in real terms (the following growth rates of value added are real growth rates, after deducting price factors), an increase of 0.3 percentage points from the same month of last year, and a decrease of 0.2 percentage points from April. In May, the total value added of the industrial enterprises above designated size went up by 0.58 percent month-on-month. In the first five months, the total value added of the industrial enterprises above designated size was up by 6.9 percent year-on-year, unchanged from the first four months.
In view of three sectors, the value added of mining and quarrying increased 3.0 percent year-on-year in May, while that in April was down by 0.2 percent, that of manufacturing increased 6.6 percent, a decrease of 0.8 percentage points from April, and that of production and distribution of electricity, heating power, gas and water was up by 12.2 percent, an increase of 3.4 percentage points.
Analysis on different types of enterprises showed that, in May, the value added of the state holding enterprises increased 8.1 percent, year-on-year, that of collective enterprises decreased 2.9 percent, that of joint-stock enterprises increased 6.1 percent, that of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province increased 8.4 percent.
Grouped by different sectors, in May, 36 industries within 41 industrial divisions kept year-on-year growth. Of this total, the growth of processing of food from agricultural products was 3.2 percent; the textile industry was down by 1.5 percent; the manufacture of raw chemical materials and chemical products, up by 4.3 percent; the manufacture of non-metallic mineral products, up by 2.6 percent; the manufacture and processing of ferrous metals, up by 7.4 percent; the manufacture and processing of non-ferrous metals, up by 5.9 percent; the manufacture of general-purpose machinery, up by 6.6 percent; the manufacture of special-purpose machinery, up by 9.6 percent; the manufacture of automobile industry, up by 13.2 percent; the manufacture of railway locomotives, building of ships and boats, manufacture of air and spacecrafts and other transportation equipments, up by 2.5 percent; the manufacture of electric machinery and equipment, up by 6.4 percent; the manufacture of computer, communication equipment and other electronic equipment, up by 13.5 percent; the production and supply of electric power and heat power, up by 12.4 percent.
In terms of different regions, in May, the value-added of eastern region increased 6.2 percent year-on-year; central region went up by 8.0 percent; western region rose by 5.4 percent; northeastern region went up by 7.3 percent.
In terms of different products, 368 products within 596 products kept year-on-year growth. Of this total, the output of pig iron was 97.07 million tons, went up by 10.8 percent year-on-year; that of cement was 215.21 million tons, up by 1.9 percent; that of 10 kinds of nonferrous metals was 4.55 million tons, up by 4.3 percent; that of ethylene was 1410 thousand tons, down by 4.5 percent; that of automobiles was 2388 thousand sets, up by 9.5 percent; that of cars was 1039 thousand sets, up by 20.5 percent; that of electricity was 544.3 billion kilowatt-hours, up by 9.8 percent; that of crude oil was 50.66 million tons, up by 8.2 percent.
The sales ratio of industrial products in May was 97.8 percent, a decrease of 0.7 percentage points from the same month of last year. The total export delivery value of industrial enterprises was 1,014.2 billion yuan, a nominal year-on-year increase of 6.9 percent.