Industrial Added Value Increased By 4.4% In May, And Industrial Production Rebounded Steadily.

Original title: Jiang Yuan, deputy director of the Industrial Statistics Department of the National Bureau of statistics, explained the steady rise in industrial production in May.

In May, with the central authorities coordinating the efforts to promote the implementation of policies and measures for epidemic prevention and control and economic and social development, the resumption of work and resumption of production was further promoted, and industrial production continued to rise. However, from 1 to May, the cumulative industrial production was still declining. In May, the recovery of some industries and products weakened, the external environment was complex, and the stable operation of the industrial economy still faced many difficulties and uncertainties.

First, the resumption of work and production will be further promoted and industrial production will be accelerated. A sample survey of Industrial Enterprises above Designated Size showed that as of May 27th, 67.4% of enterprises reached normal production level of more than 80%, up 6.6 percentage points from the end of April. In May, the industrial added value of above scale increased by 4.4% over the same period last year, and the growth rate increased 0.5 percentage points from last month. Among them, mining industry, manufacturing industry and electricity, heat, gas and water production and supply industry three categories increased by 1.1%, 5.2%, 3.6%, respectively, and the growth rate has been accelerated. From 1 to May, the industrial added value decreased by 2.8% compared with the same period last year. The decline was narrowed by 1 percentage points from April to 2.1 percentage points.

Two, the production of most industries and products continues to recover, and new products keep growing at a high speed. According to sub sectors, in May, the growth of the 30 industries increased in the 41 categories of industries. The number of industries increased by 2 over the previous month, and the growth rate was 73.2%. According to the products, 612 kinds of industrial products included in statistics, the output of 344 kinds of products increased, the growth rate was 56.2%, and some new products continued to maintain rapid growth. The growth of 3D printing equipment, smart watches, integrated circuit wafers and charging piles were all above 70%.

Three, the growth of the equipment manufacturing industry continues to accelerate, and the growth of infrastructure related products is better. In May, the added value of the equipment manufacturing industry increased by 9.5% over the same period last year, and the growth rate was 0.2 percentage points faster than that of the previous month. Among them, the automobile manufacturing industry increased by 12.2%, and accelerated by 6.4 percentage points, the fastest growth rate since the second half of 2018, 16.4% of the special equipment manufacturing industry, 2.1 percentage points faster, and the industry of electronics, instrumentation, general equipment and other industries continued to maintain a relatively fast growth rate of 7.3% to 10.8%. According to the products, in May, the output of construction machinery increased by 38.4% over the same period last year, and the growth rate increased by 17.5 percentage points from the previous month, of which the excavator increased by 82.3%, up 32.8 percentage points from the previous month; the large and medium-sized tractors and concrete machinery increased by 56.1% and 42.2% respectively; the output of vehicles was 2 million 152 thousand, an increase of 19%, of which 458 thousand vehicles were 458 thousand, an increase of 54.7%, and the growth rate was significantly higher than that of last month. Hurry up. Driven by the recovery of market demand, SUV and notebook computers increased by 33.5% and 28.6% respectively. The output of smart phones and smart TVs increased by 8.4% and 7.1% respectively.

Four, the growth of raw materials industry has been accelerated, and cement, steel and other production have continued to improve. In May, with the acceleration of infrastructure construction, the added value of raw materials industry increased from 3.5% last month to 5.5%. Among them, iron and steel, non-metallic mineral products, chemical industry and other industries increased by 6.1%, 5.5%, 3.9%, respectively, and the growth rate increased slightly from last month. The petrochemical industry increased from 7.8% to 7.8%. According to the products, in May, cement, steel, ten kinds of non-ferrous metals and primary plastic plastics increased by 8.6%, 6.2%, 4.1%, 7.9%, respectively, and the growth rate was faster than that of last month.

At present, the overall recovery of industrial production is good, but there are still many difficulties and uncertainties. First, the pick-up in industries and products has weakened. 25 industries in 41 industries have seen growth rate decline or decline, and the growth area of products has declined from last month. The two is the decline in the consumer goods industry, the growth rate from last month's growth of 0.7% to 0.6%, clothing, furniture, culture and education, leather shoes and other industries dropped between 5% and 11.4%. The three is the shortage of export orders. The value of industrial export delivery has decreased by 1.4% compared with the same period last year. The export delivery value of some industries with a relatively high export volume has dropped by more than 10%.

Next, we should continue to do a solid job of "six stability", implement the task of "six guarantees", promote tax reduction and fee reduction, encourage and help foreign trade enterprises to open up the domestic market, help the small and medium enterprises that are affected by the epidemic, and constantly consolidate the trend of steady recovery of the industrial economy.