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    Home > Coatings News > Paints and Coatings Market > Industry | Interpretation of industrial production data in November, industrial production has accelerated significantly

    Industry | Interpretation of industrial production data in November, industrial production has accelerated significantly

    • Last Update: 2021-03-28
    • Source: Internet
    • Author: User
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    In November 2019, the national industrial value added above designated size increased by 6.
    2% year-on-year in real terms, 1.
    5 percentage points faster than the previous month, and better than expected.
    The main characteristics of industrial production operations: First, the growth rate of industrial production has rebounded significantly.
    In November, the national industrial added value above designated size increased by 6.
    2% year-on-year, and the growth rate was 1.
    5 percentage points higher than the previous month.
    It was the third highest growth rate this year after March and June.
    Among them, the value added of the mining industry increased by 5.
    7%, an increase of 1.
    8 percentage points from the previous month; the value added of the manufacturing industry increased by 6.
    3%, an increase of 1.
    7 percentage points.
    Second, the growth rate of most industries has accelerated.
    In November, among 41 major industries, 38 industries achieved year-on-year growth in added value, and the number of industries that grew by 7 increased from the previous month; among them, the growth rate of 33 industries accelerated from the previous month.
    The added value of ferrous metal mining, electrical machinery, chemical fiber, instrumentation and other industries achieved double-digit growth year-on-year, with growth rates of 13.
    3%, 12.
    6%, 11.
    7%, and 11.
    0% respectively; ferrous metal mining, non-metallic mining, textile and clothing industries The growth rate accelerated by 5.
    0-5.
    3 percentage points from the previous month.
    Third, the equipment manufacturing industry has accelerated significantly.
    In November, the added value of the equipment manufacturing industry increased by 8.
    5% year-on-year, and the growth rate was 2.
    0 percentage points higher than the previous month.
    Among them, the automobile manufacturing industry continued the upward trend of last month, with a year-on-year increase of 7.
    7%, an acceleration of 2.
    8 percentage points from the previous month; automobile production increased by 3.
    7% year-on-year, which was the first time since July last year that it turned from a decline to an increase.
    The growth rates of electrical machinery, computer electronics, special equipment, general equipment and other industries were 12.
    6%, 9.
    7%, 7.
    0%, and 6.
    2%, respectively, 1.
    5-3.
    1 percentage points faster than the previous month.
    Fourth, the high-tech manufacturing industry maintained rapid growth.
    In November, the added value of high-tech manufacturing increased by 8.
    9% year-on-year, which was 2.
    7 percentage points higher than that of all industries above designated size and 0.
    6 percentage point faster than the previous month.
    Among them, the medical equipment and instrumentation manufacturing industry, and the electronics and communication equipment manufacturing industry increased by 12.
    6% and 10.
    8% year-on-year respectively, and the growth rate was significantly higher than that of all industries above designated size. Fifth, the increase in the output of industrial products has expanded significantly.
    In November, among the 605 major industrial products in the statistics, 369 products achieved year-on-year growth, with an increase of 61.
    0%, an increase of 8.
    9 percentage points from the previous month.
    Among them, the growth rate of industrial robots continued to pick up after turning from a decline to a growth last month; industrial electric furnaces, high-voltage switch boards, p-xylene, civil steel ships, large tractors, integrated circuit wafers, optical instruments, generator sets and other products The growth rate accelerated by more than 20 percentage points from the previous month.
    Emerging products continue to grow rapidly, smart watches, 3D printing devices, smart bracelets, superalloys, urban rail vehicles and charging piles, etc.
    continue to maintain rapid growth, with growth rates of 154.
    2%, 131.
    0%, 58.
    0%, 54.
    0%, 46.
    1%, respectively And 45.
    8%.
    In November, the growth rate of industrial production rebounded, and the decline in export delivery value narrowed.
    China's manufacturing purchasing manager index (PMI) returned to the expansion range.
    The production index and new order index reached their highs since the second half of the year, and the manufacturing industry rebounded.
    However, it must be noted that since the industrial growth rate in November last year was the lowest point of the year, the recovery of production in the same period this year has a certain base factor, and the current external environment is still complicated, the structural contradictions of the domestic economy are prominent, and the downward pressure on industrial production still exists.
    .
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