Li Xiaochao

Spokesman

National Bureau of Statistics of China

11 August 2009

1. The industrial production grew slightly faster than last month.

In July, the total value added of the industrial enterprises above designated size was up 10.8 percent year-on-year, or 3.9 percentage points lower than that in July 2008, or 0.1 percentage point higher than that in June 2009; it was the third consecutive month which witnessed an acceleration of year-on-year growth. In the first seven months of this year, it was up 7.5 percent year-on-year, which was down by 8.6 percentage points over that in the same period of last year, or 0.5 percentage points higher than that in the first six months in 2009.

Analysis on different types of enterprises showed that in July, 2009 the growth of the state-owned and state holding enterprises went up by 7.4 percent; collective enterprises, 12.4 percent; share-holding enterprises, 13.4 percent; and 5.0 percent growth for enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan province. The year-on-year growth of heavy industry in July was 11.3 percent, and 9.2 percent for the light industry.

Grouped by different sectors, in July all the 39 industrial divisions enjoyed year-on-year growth. Of this total, the year-on-year growth of 16 out of the 39 industrial divisions was faster than that in the previous month; that of the other 22 industrial divisions dropped down. The growth of textile industry was 8.6 percent; the manufacture of raw chemical materials and chemical products, up by 11.7 percent; the manufacture of non-metallic mineral products, up by 14.0 percent; the manufacture of general machinery, 11.3 percent; the manufacture of transport equipment, 20.4 percent; the manufacture of electric machinery and equipment, 11.0 percent; the manufacture of communication equipment, computers and other electronic equipment, 5.3 percent; the production and supply of electricity, gas and water, up 5.3 percent; and the ferrous metal smelting and pressing, up by 10.1 percent.

In terms of different products, of the total 494 products, the output of 271 products showed a year-on-year growth. Of this total, the output of coal was 260 million tons, up by 14.8 percent over the previous year; that of crude oil was 16.14 million tons, down by 0.3 percent; that of electricity was 334.5 billion kilowatt-hours, up by 4.8 percent; that of pig iron was 50.68 million tons, up by 12.6 percent; that of cement was 140 million tons, up by 21.6 percent; that of motor vehicles was 1,137 thousand, up by 51.6 percent, of which, the output of cars was 632 thousand, up by 55.2 percent.

The sales ratio of industrial products in July was 97.94 percent, or 2.6 percentage points higher than that in June this year. The total export delivery value of industrial enterprises was 603.31 billion yuan, down by 14.7 percent year-on-year.

2. Urban investment in fixed assets continued to grow in fast speed.

In the first seven months of this year, the urban investment in fixed assets reached 9,539.2 billion yuan, up by 32.9 percent, or 5.6 percentage points higher than that in the same period of last year; it was 0.7 percentage point lower than that in the first half of this year. Of this total, that in the state-owned and state holding enterprises reached 4,119.2 billion yuan, a rise of 40.1 percent; that in the real estate was 1,772.0 billion yuan, up by 11.6 percent.

Grouped by jurisdiction of project management, in the first seven months of this year, the central investment reached 837.0 billion yuan, the year-on-year growth was 25.3 percent while the local investment was 8,756.2 billion yuan, up by 33.7 percent. Grouped by status of registration, in the first seven months of this year, the investment by domestic enterprises was 8,798.1 billion yuan, up by 36.8 percent; investment by funds from Hong Kong, Macao and Taiwan was 329.3 billion yuan, down by 1.9 percent; and the investment by foreign funds was 414.8 billion yuan, up by 1.3 percent.

In the first seven months of this year, the investment in primary industry, secondary industry and the tertiary industry went up by 62.5 percent, 27.8 percent and 36.5 percent respectively. Grouped by different sectors, in the first seven months of this year, the investment in coal mining and washing was 145.8 billion yuan, up by 39.6 percent; that in production and supply of electric power and heat power 539.6 billion yuan, up 22.7 percent; extraction of petroleum and natural gas 119.3 billion yuan, down by5.7 percent; railway transport 239.1 billion yuan, up 126.9 percent.

Analysis on projects under construction or started this year showed that in the first seven months of this year, projects under construction numbered 308,914, an increase of 70,459 over the same period of last year; the total planned investment in projects under construction reached 32,589.9 billion yuan, up by 36.4 percent year-on-year; projects newly started this year totaled 205,716, a rise of 61,249; the total planned investment was 8,556.7 billion yuan, up by 83.1percent over the same period of last year.

In terms of funds in place for investment, in the first seven months of this year, 11,362.0 billion yuan had been invested, a year-on-year growth of 38.5 percent. Of this total, the growth of government budgetary funds went up by 84.3 percent; investment from domestic loans went up 46.7 percent; that from self-raising funds went up by 33.8 percent and that from foreign investment down by 8.9 percent.