Appliance World Expo
Value-added of industry in China, June 2013
05 Sep 2013 00:07:21 PST
In June 2013, value-added of Chinese industrial enterprises above designated size had an actual growth of 8.9% (all the growths of value-added mentioned below were worked out in real terms), dropping by 0.3% from May. It increased by 0.68% month on month and 9.3% year on year. At early stage, light industry had a big slump, which was a token of weak consumer demand. Following that, growth of heavy industry fell sharply in June to 9.3%, down 0.5% from May; meanwhile, growth of light industry declined slightly to 7.9%, down 0.1%. Presently, adjustment of heavy industry is greater than that of light industry.
From the perspective of sectors, in June, 40 out of 41 major sectors maintained a stable year-on-year growth in terms of value-added. Specifically, textile, chemical raw material and product manufacturing, nonmetallic mineral product manufacturing, ferrous metal smelting and rolling, general equipment manufacturing, automobile, electrical machinery and equipment manufacturing, computer, communication and other electronic equipment manufacturing, power and heat production and supply, as well as railway, ship, airplane and other transportation equipment manufacturing increased by 8.0%, 11.2%, 11.5%, 7.7%, 9.9%, 10.6%, 8.1%, 11.8%, 6.2% and 0.8% respectively.