In November, the national economy continued its steady growth. Structural adjustment continued to deepen

National Bureau of Statistics of People's Republic of China

In November, all localities, departments and departments seriously studied and implemented the spirit of the 19th Plenum of the Party, guided by the socialism with Chinese characteristics under Xi Jinping's new era and deepened the structural reform on the supply side. The national economy continued to maintain a stable and favorable development trend with stable production demand Growth, overall stability of employment prices, continuous optimization of economic structure, and continuous improvement of quality and efficiency.

First, steady growth in industrial production, rapid growth of corporate efficiency

In November, the added value of large-scale industrial enterprises in the country actually grew by 6.1% year-on-year, a deceleration of 0.1 percentage point from the previous month. According to the types of economy, the added value of state-controlled enterprises increased by 6.3% from the same period of last year, collective enterprises decreased by 0.7% and joint-stock enterprises increased by 6.2% %, Foreign-funded enterprises with investment in Hong Kong, Macao and Taiwan increased by 6.8% .In three categories, the added value of mining dropped by 1.7% from the same period of last year, the manufacturing industry increased by 6.8%, and the power, heat, gas and water production and supply increased by 4.5% Production and marketing of industrial enterprises above 97.8% .In November, China's manufacturing purchasing managers index (PMI) was 51.8%, an increase of 0.2 percentage points from the previous month .In January-November, the nationwide above-scale industrial added value increased by 6.6% Speed ​​ratio 1-October down 0.1 percentage points over the same period the previous year to speed up 0.6 percentage points.

From January to October, the total profits of industrial enterprises above designated size reached 6,241,511 billion yuan, up 23.3% over the same period of the previous year, an acceleration of 0.5 percentage points from January to September and an acceleration of 14.7 percentage points from the same period of previous year. Income margin was 6.24%, up 0.55 percentage points over the same period of last year.

Second, the service industry continued to grow rapidly and the index of business activities continued to increase

In November, the index of service industry production in the country rose 7.8% from a year earlier, a deceleration of 0.2 percentage points from the previous month, with double-digit growth in the number of information transmission, software and information technology services, leasing and business services. , The national service industry index rose 8.2% from a year earlier, the growth rate was flat with January-October and 0.1 percentage point higher than the same period of last year. From January to October, the operating income of service enterprises above designated size increased by 13.7% over the same period of last year, 3.1 percentage points faster; the operating profit of service enterprises above designated size increased by 29.0% over the same period of previous year, an acceleration of 27.5 percentage points over the same period of last year.

In November, the index for business activities in the service industry was 53.6%, which continued to be in the boom area. Among them, the wholesale, retail, air transport, loading and unloading, warehousing, postal service, telecommunications, broadcasting and satellite services, Internet and Software and IT services, insurance and other sectors of the business activity index are located above 55.0% of the higher range of the economy.From the market demand, service new orders index was 51.2% for 7 consecutive months in the economic zone.

Third, investment in fixed assets slowed down and the investment structure was adjusted and optimized

From January to November, the investment in fixed assets (excluding rural households) nationwide reached 57,507.5 billion yuan, an increase of 7.2% over the same period of last year, a deceleration of 0.1 percentage point from the growth in January-October, of which 21,129.5 billion yuan was state-controlled investment, up 11.0%; private investment 34814300000000 yuan, an increase of 5.7%, accounting for 60.5% of the total investment.According to the industry, the primary industry investment 1.8979 billion yuan, an increase of 11.4%; the second industry investment 21,461.818 billion yuan, an increase of 2.6%, of which manufacturing investment 17.299 trillion yuan, an increase of 4.1%; investment in the tertiary industry 34.1460 trillion yuan, an increase of 10.1%, accounting for 59.4% of the total investment, an increase of 1.6 percentage points over the same period last year significantly improved the manufacturing investment structure of high-tech manufacturing investment An increase of 15.9% over the same period of previous year, accounting for 13.4% of manufacturing investment, an increase of 1.4% over the same period of previous year; investment in technological transformation of manufacturing industry increased by 14.3%, accounting for 48.1% of manufacturing investment, up 4.3 percentage points from the same period of last year ; Investment in high-energy-consuming manufacturing industry fell 2.3% .Investment in infrastructure 12672000000000 yuan, an increase of 20.1%, 0.5 percentage points faster than in January-October .Financial investment in place of fixed assets 57,061,500,000 yuan, an increase of 4.4% 0.8 in October to speed up . Percentage of new projects with total investment 47.8557 trillion yuan, an increase of 6.2%, compared 1-- speed up 2.4 percentage points from October.

Fourth, real estate development investment growth rate fell slightly, the area of ​​commercial housing for sale continued to decline

From January to November, the investment in real estate development nationwide hit 10.0387 trillion yuan, an increase of 7.5% over the same period of the previous year, a deceleration of 0.3 percentage points from January to October, with a 9.7% increase in residential investment. The newly started housing area was 1,616,790,000 square meters, representing an increase of 6.9% , Of which residential newly started an area of ​​10.8% growth in the national sales of 146.568 million square meters of housing area, an increase of 7.9%, of which residential sales area increased 5.4% .The national commercial housing sales 115481000000 yuan, grow 12.7% compared to the same period, including residential sales growth 9.9% of real estate development enterprises purchase land area of ​​221.58 million square meters, an increase of 16.3% .11 at the end of November, the national commercial housing for sale area of ​​606,060,000 square meters, down 6.53 million square meters than the end of October .11 months, real estate development enterprises in place Funds 13,948.9 billion yuan, an increase of 7.7%.

Fifth, the market growth accelerated, online retail growth strong

In November, the total retail sales of consumer goods reached 3.4108 trillion yuan, an increase of 10.2% over the previous month, an acceleration of 0.2 percentage points from the previous month. According to the location of the business units, retail sales of urban consumer goods reached 2.9407 trillion yuan, up 9.9% over the same period of last year; retail sales of rural consumer goods 4701 Billion yuan, an increase of 11.7% .In accordance with the type of consumption, food and beverage income of 367.5 billion yuan, an increase of 10.0%; retail sales of 3.0433 trillion yuan, an increase of 10.2%. Consumption upgrade products rapid growth in November, more than the unit sports and entertainment products category, Retail sales of cosmetics increased by 15.4% and 21.4% respectively over the same period of last year. From January to November, the total retail sales of social consumer goods increased by 10.3% from the same period of previous year, down 0.1 percentage point from the same period of last year.

From January to November, the online retail sales nationwide reached 6,430.6 billion yuan, up 32.4% year-on-year and 6.2 percentage points year-on-year, of which, the online retail sales of physical goods reached 4,914.4 billion yuan, up 27.6%, accounting for the total retail sales of social consumer goods 14.8%, 2.3 percentage points higher than that of the same period of last year; online retail sales of non-physical goods amounted to 1.5163 trillion yuan, up 50.7%.

Sixth, consumer prices rose modestly, industrial production prices rose down

In November, the consumer prices in the country rose 1.7% YoY in May, down 0.2 percentage points from the previous month. By category, the prices of food, tobacco and alcohol dropped 0.2% YoY, the clothing rose 1.2%, the dwelling rose 2.8% and the supplies and services rose 1.5% 1.3% for transportation and communications, 2.0% for education, culture and entertainment, 7.0% for health care and 1.7% for other supplies and services. In food and tobacco prices, food prices rose 1.5% YoY and pork prices fell 9.0% , Fresh vegetables prices fell 9.5% .In November, the national consumer price chain was unchanged from the previous month.From January to November, the national consumer price rose 1.5%.

In November, the producer prices of industrial producers in the country rose 5.8% from a year earlier, a drop of 1.1 percentage points from the previous month and up 0.5% from the previous month. In January-November, the producer prices of industrial producers in the country rose 6.4% from the same period of last year. In November, the national industrial production The purchase price increased by 7.1% YoY and 0.6% MoM, while the purchase price of industrial producers in the country increased by 8.3% YoY in the first eleven months.

Seven, the rapid growth of import and export, export structure continue to be optimized

In November, the total volume of imports and exports was 2.6049 trillion yuan, up 12.6% over the same period of 2006. Among them, the export volume reached 1.342 trillion yuan, up 10.3%; the import volume reached 1.176 trillion yuan, up 15.6%; the imports and exports were offset by a trade surplus of 263.6 billion yuan from January to November, Imports and exports totaled 25,136.9 billion yuan, up 15.6% over the same period of 2005. Of this total, exports reached 13,850.9 billion yuan, up 11.6%, and imports 11.2686 trillion yuan, up 20.9%. In the first 11 months, the general trade grew 18.1% in imports and exports, 56.4% over the same period of last year, an increase of 1.2 percentage points from the same period of last year. The export of mechanical and electrical products increased by 12.6%, accounting for 58.1% of the total, up 0.5 percentage point from the same period of last year.

In November, the export delivery value of industrial enterprises above the designated size reached 1,194.2 billion yuan, up 11.8% from the same period of last year. From January to November, the export delivery value of industrial enterprises above the designated size reached 11,439.9 billion yuan, up 11.1% over the same period of last year.

Eight, the supply side of the structural reforms continue to deepen, rapid growth of new energy

Go to inventory, reduce costs and achieved remarkable results. Steel, coal to capacity has exceeded the annual target .11 end of November, the sale of commercial real estate area fell 13.7%, an increase of 0.4 percentage point decline from the end of last month .1-10 months, The cost per 100 yuan of main business income of industrial enterprises was 85.46 yuan, a decrease of 0.26 yuan over the same period of the previous year. Leveraging and advancing short-term loans steadily. At the end of October, the asset-liability ratio of industrial enterprises above designated size was 55.7% During the first eleven months, the investment in ecological protection, environmental management, public facilities management and agriculture increased by 23.6%, 23.3% and 16.6% respectively over the same period of previous year, faster than the total investment of 16.4,16.1 and 9.4 percentage points respectively. Structural reforms in the supply side of agriculture continued to deepen This year, while keeping the sown area of ​​major rations as stable as possible, the reduction of corn stocks with larger inventories increased the sown area of ​​cereals and beans, and the rest of the nation's grain crops were rebuilt on the basis of adjustment of planting structure With a good harvest, the total grain output this year has reached 1,235.8 billion kilograms, an increase of 3.3 billion kilograms over the previous year.

New kinetic energy and new industries continued to grow. From January to November, the added value of high-tech industries and equipment manufacturing industry increased by 13.5% and 11.4% respectively over the same period of last year, with growth rates of 6.9 and 4.8 percentage points higher than the industries above designated size respectively. The output of industrial robots increased YoY 68.8% and new energy vehicles increased 46.5%. From January to October, the operating revenue of strategic emerging service industry, producer service industry and technology service industry increased by 17.5%, 14.9% and 14.6% respectively over the same period of previous year, faster than those of all above-scale services Industry 3.8, 1.2 and 0.9 percentage points.

On the whole, the trend of steady and favorable national economy in November shows a strong stability and tenacity, but we should also see that external risk variables are still large and the challenge to high-quality development is still relatively large In the next stage, we should fully implement the spirit of the 19th CPC National Congress, take the new era of Xi Jinping's socialism with Chinese characteristics as a guide, adhere to the general tone of seeking progress through stability, adhere to the concept of new development, and follow the principle of building a modern economic system and high-quality development Demands, deepen the supply-side structural reforms, make overall plans for steady growth, promote reforms, readjust the structure, benefit people's livelihood, and work on various aspects of risk prevention so as to promote the sustained and healthy economic and social development.

Note

(1) The growth rate of industrial added value above designated size and its classified items is calculated at comparable prices and is the actual growth rate. Unless otherwise stated, other indicators are calculated at current prices and are nominal growth rates.

(2) Industrial enterprises above the designated size are industrial enterprises with annual principal business income of 20 million yuan and above.

(3) In order to reflect the monthly operation trend of the economic activities of the service industry in time, the National Bureau of Statistics has compiled the index of the service industry production and released monthly from March 2017. The index of service production refers to the service industry report after excluding the price factor The change in output relative to the base period.

(4) Limit in total retail sales of social consumer goods The above units refer to wholesale enterprises (units) and retail enterprises (units) with annual sales income of 20 million yuan and above, and retail enterprises (units) with annual revenue of 2 million yuan and above Accommodation and catering enterprises (units).

Online retail sales refers to the sum of the retail sales of goods and services through public online trading platforms (including self-built websites and third-party platforms), including physical and non-physical goods (such as virtual goods, service goods, etc.) .

Total retail sales of consumer goods include online retail sales of physical goods, excluding online retail sales of non-physical goods.

(5) Import and export data from the General Administration of Customs.

(6) Some of the data due to rounding reasons, there is total and sub-items total range.

Schedule

November 2017 key indicator data

Indicators

November

January to November

Absolute amount

Year-on-year increase
(%)

Absolute amount

Year-on-year increase
(%)

First, the above-scale industrial added value

...

6.1

...

6.6

(A) sub-economic type

State-owned enterprises

...

6.3

...

6.7

Collective enterprises

...

-0.7

...

0.6

Joint-stock enterprises

...

6.2

...

6.6

Foreign investors and Hong Kong, Macao and Taiwan investment enterprises

...

6.8

...

7.0

(B) divided into three categories

mining industry

...

-1.7

...

-1.6

manufacturing

...

6.8

...

7.2

Electricity, heat, gas and water production and supply

...

4.5

...

8.1

(C) the added value of major industries

Textile industry

...

2.0

...

4.0

Chemical raw materials and chemical products manufacturing

...

3.1

...

3.8

Non-metallic mineral products industry

...

2.6

...

4.0

Black metal smelting and rolling processing industry

...

-2.8

...

0.4

General equipment manufacturing industry

...

8.9

...

10.7

Automotive Manufacturing

...

9.4

...

12.6

Railway, marine, aerospace and other transportation equipment manufacturing

...

8.1

...

5.6

Electrical Machinery and Equipment Manufacturing

...

10.5

...

10.7

Computer, communications and other electronic equipment manufacturing

...

15.0

...

13.9

Electricity, heat production and supply industry

...

3.5

...

7.8

(D) the main product output

Power generation (100 million kWh)

5196

2.4

57118

5.7

Pig iron (10,000 tons)

5488

-3.5

65614

2.3

Raw coal (10,000 tons)

29998

-2.7

313596

3.7

Crude steel (million tons)

6615

2.2

76480

5.7

Steel (tons)

8685

-2.9

97298

1.1

Cement (10,000 tons)

22051

4.8

215532

-0.2

Crude oil processing capacity (10,000 tons)

4943

8.0

51866

5.2

Ten non-ferrous metals (million tons)

432

-6.9

4934

2.5

Coke (million tons)

3447

-10.9

39843

-2.7

Sulfuric acid (100% off) (10,000 tons)

774

3.1

8290

4.0

Caustic soda (off 100%) (million tons)

285

-0.8

3091

2.5

Ethylene (10,000 tons)

155

6.7

1658

1.9

Chemical fiber (tons)

443

4.5

4543

3.1

Flat glass (million weight box)

6093

-3.5

73065

3.9

Micro-computer equipment (million units)

2938

-0.3

27954

7.5

IC (100 million)

136

9.6

1417

19.4

Car (ten thousand)

310.7

1.8

2673.1

4.1

Of which: car (million)

126.8

0.5

1073.7

-1.1

(E) product sales rate (%)

97.8

-0.1 (percentiles)

97.9

0.2 (percentage point)

(Vi) export delivery value (100 million yuan)

11942

11.8

114399

11.1

Second, the service industry production index

...

7.8

...

8.2

Third, investment in fixed assets (excluding farmers)

(100 million yuan)

...

...

575057

7.2

Of which: state-owned holding

...

...

211295

11.0

Of which: private investment

...

...

348143

5.7

(A) sub-project affiliation

Central project

...

...

20227

-5.8

Local project

...

...

554830

7.8

(B) sub-industry

primary industry

...

...

18979

11.4

Secondary industry

...

...

214618

2.6

Of which: industry

...

...

211792

3.1

Tertiary Industry

...

...

341460

10.1

Of which: infrastructure (excluding electricity, heat, gas and water production and supply)

...

...

126720

20.1

(C) sub-sectors

mining industry

...

...

8223

-10.2

Of which: coal mining and washing industry

...

...

2435

-11.3

Oil and gas exploration industry

...

...

2160

15.8

Black metal mining industry

...

...

696

-23.0

Non-ferrous metal mining industry

...

...

1043

-22.4

Non-metallic mining industry

...

...

1623

-15.8

manufacturing

...

...

176299

4.1

Of which: ferrous metal smelting and rolling processing industry

...

...

3475

-9.0

Non-ferrous metal smelting and rolling processing industry

...

...

4686

-4.8

General equipment manufacturing industry

...

...

12041

2.5

Automotive Manufacturing

...

...

12006

10.4

Railway, ship, aerospace and

Other transportation equipment manufacturing

...

...

2738

5.8

Electrical Machinery and Equipment Manufacturing

...

...

12310

6.5

Computer, communications and other electronics

Equipment manufacturing industry

...

...

11527

23.3

Electricity, heat, gas and water production and supply

...

...

27270

1.1

Transport, storage and postal industry

...

...

54989

15.6

Water conservancy, environment and public facilities management

...

...

74939

22.5

(D) sub-registration type

Domestic-funded enterprises

...

...

550399

7.8

Hong Kong, Macao and Taiwan investment enterprises

...

...

12316

-2.9

Foreign-invested enterprises

...

...

10317

-5.3

(V) Construction and new construction projects

The total investment in construction project planning

...

...

1265100

18.7

New projects planned total investment

...

...

478557

6.2

The number of new projects (a)

...

...

603198

32575

(F) investment in fixed assets (excluding farmers) in place of funds

...

...

570615

4.4

Of which: national budget funds

...

...

35138

9.5

Domestic loans

...

...

65504

9.3

Use of foreign capital

...

...

1975

-3.8

Self-financing

...

...

372103

1.7

Fourth, real estate development

(I) Real estate development investment (100 million yuan)

...

...

100387

7.5

Of which: residential

...

...

68670

9.7

Office building

...

...

6162

3.9

Commercial business premises

...

...

14422

0.3

(B) housing construction area (10,000 square meters)

...

...

768443

3.1

Of which: residential

...

...

527019

3.1

Office building

...

...

35436

2.6

Commercial business premises

...

...

104320

1.3

(C) Housing new construction area (10,000 square meters)

...

...

161679

6.9

Of which: residential

...

...

116089

10.8

Office building

...

...

5474

-7.4

Commercial business premises

...

...

18641

-8.6

(D) housing completed area (10,000 square meters)

...

...

76245

-1.0

Of which: residential

...

...

54059

-4.1

Office building

...

...

2999

28.0

Commercial business premises

...

...

9836

5.6

(Five) commercial housing sales area (ten thousand square meters)

...

...

146568

7.9

Of which: residential

...

...

126037

5.4

Office building

...

...

4054

26.7

Commercial business premises

...

...

10665

19.3

(Vi) Sales of commercial buildings (100 million yuan)

...

...

115481

12.7

Of which: residential

...

...

95762

9.9

Office building

...

...

5485

19.4

Commercial business premises

...

...

11084

26.2

(Seven) real estate development enterprises in place of funds

(100 million yuan)

...

...

139489

7.7

Of which: domestic loans

...

...

22649

18.0

Use of foreign capital

...

...

147

11.7

Self-financing

...

...

45997

2.7

Other funds

...

...

70696

8.1

Land acquisition area (million square meters)

...

...

22158

16.3

Commercial housing for sale area (million square meters)

...

...

59606

-13.7

V. Total retail sales of social consumer goods (100 million yuan)

34108

10.2

331528

10.3

Of which: retail sales of consumer goods above the limit

15779

7.8

145753

8.3

(A) by operating points

town

29407

9.9

284536

10.0

rural

4701

11.7

46991

11.9

(B) by type of consumption points

Catering income

3675

10.0

35955

10.8

Of which: catering units above the limit income

900

5.5

8821

7.6

Retail

30433

10.2

295573

10.2

Of which: retail sales of goods above the limit

14878

7.9

136931

8.3

Cereals and Oils, foodstuffs

1421

7.5

14016

10.2

Beverages

201

6.8

2088

10.4

Tobacco and alcohol

403

4.5

4053

8.3

Clothing shoes and hats, needles and textiles

1561

9.5

13252

7.6

Cosmetics category

282

21.4

2285

13.5

Gold and silver jewelry

254

4.4

2702

6.2

Commodity categories

545

7.9

5077

8.2

Household appliances and audio-visual equipment category

972

8.4

8581

9.4

Chinese and Western medicines

886

11.0

8558

12.2

Cultural office supplies category

401

9.5

3255

9.5

Furniture category

277

11.9

2552

12.8

Communication equipment category

557

33.9

3958

11.5

Oil and products category

1837

10.4

18163

9.1

Automotive class

4103

4.2

37805

6.0

Construction and decoration materials

317

3.6

2919

10.9

Import and Export (100 million yuan)

Total import and export

26049

12.6

251369

15.6

Exports

14342

10.3

138509

11.6

Import volume

11706

15.6

112860

20.9

Seven, consumer prices

...

1.7

...

1.5

Food and tobacco

...

-0.2

...

-0.5

clothes

...

1.2

...

1.3

live

...

2.8

...

2.6

Daily necessities and services

...

1.5

...

1.0

Traffic and communication

...

1.3

...

1.1

Educational culture and entertainment

...

2.0

...

2.4

medical insurance

...

7.0

...

6.0

Other supplies and services

...

1.7

...

2.5

Eight, factory price of industrial producer

...

5.8

...

6.4

Production materials

...

7.5

...

8.5

mining

...

10.8

...

21.9

Raw materials

...

9.7

...

11.9

Processing

...

6.3

...

6.1

Living information

...

0.6

...

0.7

food

...

0.4

...

0.6

clothes

...

0.7

...

1.2

General daily necessities

...

1.7

...

1.3

Durable consumer goods

...

0.0

...

-0.1

Nine, industrial producer purchase price

...

7.1

...

8.3

Note: 1. The growth rate of industrial added value above designated size and its classified items is calculated at comparable prices. Unless otherwise specified, the growth rates of other indicators are based on the current prices.

2, import and export data from the General Administration of Customs.

3, some of the data in this table due to rounding reasons, there is total and sub-items total range.

Figure

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