According to the latest statistics from the National Bureau of Statistics of China, the value-added of above-scale industrial enterprises in China actually increased by 6.1% year-on-year in November of this year, a deceleration of 0.1 percentage point from October. From a circular point of view, in November, the value- 0.48%.
From January to November, China's industrial added value above designated size increased by 6.6% from a year earlier.
Production situation
In November, 318 products of 596 kinds of products increased year-on-year.
From January to November, the output of plastic products in China was 70,123,000 tons, an increase of 4.1% over the same period of last year; in the month of November, the output was 7.095 million tons, an increase of 3.1% over the same period of last year.
From January to November, the plastic production of primary forms was 78.18 million tons, up 4.9% from the same period of last year; in the same month in November, the output was 7.285 million tons, up 2.0% over the same period of last year.
From January to November, the output of synthetic rubber was 5,364,000 tons, up by 3.8% over the same period of last year; in the month of November, the output was 603,000 tons, up by 16.2% over the same period of last year.
November exports of plastic products 23.93 billion yuan exports, a slight increase of 7.6%
From January to November, China exported 10.562 million tons of plastic products, up 12.3% over the same period of previous year. Its export value amounted to 237.75 billion yuan, up 13.3% over the same period of last year.
In November, it exported 1,049,000 tons in the month, an increase of 10.4% over the same period of last year; the export value was 23.93 billion yuan, an increase of 7.6% over the same period of last year.
Imported primary forms of plastic in November 306.6 billion yuan, an increase of 16.0%
From January to November, China imported 26,048,000 tons of primary-shaped plastics, an increase of 13% over the same period of last year; the import amount was 297.94 billion yuan, up 22.2% over the same period of last year.
In November, the import volume was 2.669 million tons, up 11.7% over the same period of last year; the amount of imports was 30.66 billion yuan, up 16.0% over the same period of last year.
Expert analysis
According to Jiang Yuan, a senior statistician of the Industrial Division of National Bureau of Statistics of China, the growth rate of China's industrial production remained at a reasonable range in November and the production structure continued to be optimized.
First, the growth of hi-tech industries accelerated. In November, the added value of hi-tech industries increased by 14.4% from the same period of previous year, an acceleration of 1.2 percentage points from the previous month, of which, electronics and communications equipment manufacturing, computer and office equipment manufacturing and pharmaceutical manufacturing Year-on-year growth accelerated 2.4, 1.3 and 0.2 percentage points respectively over October.
Second, the growth rate of consumer goods manufacturing industry picked up .In November, the value-added of consumer goods manufacturing industry increased by 7% over the same period of last year, an increase of 0.4 percentage points from October. Among them, the year-on-year growth rates of tobacco, chemical fiber manufacturing, printing and recording media were respectively October rebounded 7.2, 1.5 and 1.2 percentage points.
Third, equipment manufacturing industry maintained rapid growth. In November, the added value of equipment manufacturing industry increased by 10.3% from the same period of previous year, growing at a double-digit rate higher than that of all industries above designated size, of which, computers, telecommunications and other electronics Equipment manufacturing, instrumentation manufacturing, electrical machinery and equipment manufacturing increased by 15%, 10.6% and 10.5% respectively.
Fourthly, the export growth of industrial products accelerated noticeably. In November, the export delivery value of above-scale industrial enterprises increased by 11.8% over the same period of previous year, an acceleration of 4.3 percentage points from the previous month, of which the electronics industry increased by 16.6% over the same period of last year and the growth rate accelerated by 9.1% A percentage point.
Fifth, the growth rate of high-energy-consuming industries dropped to a low level. In November, the added value of the six high-energy-consuming industries increased by 2% over the same period of previous year, an acceleration of 4.1 percentage points lower than that of industries above designated size and 0.9 percentage points down from October, Energy and high pollution industry restructuring has accelerated.