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China's Major Economic Indicators in April

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Sheng Laiyun

Spokesman

National Bureau of Statistics of China

11 May 2010

1. The industrial production realized steady and fast growth.

In April, the total value added of the industrial enterprises above designated size was up 17.8 percent year-on-year, or 0.3 percentage point lower than that in March 2010; in the first four months of this year, it was up 19.1 percent year-on-year, which was down by 0.5 percentage points over that in the first quarter in 2010.

Analysis on different types of enterprises showed that in April 2010, the growth of the state-owned and state holding enterprises went up by 17.6 percent; collective enterprises, 12.0 percent; share-holding enterprises, 19.1 percent; and 16.8 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 April was 19.4 percent, and 14.1 percent for the light industry.

Grouped by different sectors, in April all the 39 industrial divisions kept year-on-year growth. Of this total, the growth of textile industry was 11.2 percent; the manufacture of raw chemical materials and chemical products, up by 17.9 percent; the manufacture of non-metallic mineral products, up by 20.4 percent; the manufacture of general machinery, 23.3 percent; the manufacture of transport equipment, 23.2 percent; the manufacture of electric machinery and equipment, 18.2 percent; the manufacture of communication equipment, computers and other electronic equipment, 18.2 percent; the production and supply of electricity, gas and water, up 14.8 percent; and the ferrous metal smelting and pressing, up by 19.7 percent.

In terms of different products, of the total 503 products, the output of 428 products in April showed a year-on-year growth. Of this total, the output of crude oil was 16.262 million tons, up by 4.2 percent; that of electricity was 331.64 billion kilowatt-hours, up by 21.4 percent; that of pig iron was 55.403 million tons, up by 27.0 percent; that of cement was 161.145 million tons, up by 16.1 percent; that of motor vehicles was 1,598 thousand, up by 34.6 percent, of which, the output of cars was 786 thousand, up by 36.9 percent.

The sales ratio of industrial products in April was 98.4 percent, or 0.6 percentage point higher than that in last April. The total export delivery value of industrial enterprises was 718.37 billion yuan, up by 27.5 percent year-on-year.

2. Urban investment in fixed assets kept fast growth.

In the first four months of this year, the urban investment in fixed assets reached 4,674.3 billion yuan, up by 26.1 percent year-on-year, or 4.4 percentage points lower than that in the same period of last year; it dropped by 0.3 percentage point over that in the first quarter of this year. Of this total, that in the state-owned and state holding enterprises reached 1,939.4 billion yuan, a rise of 20.8 percent; that in the real estate development was 993.2 billion yuan, up by 36.2 percent.

Grouped by jurisdiction of project management, in the first four months of this year, the central investment reached 383.3 billion yuan; the year-on-year growth was 10.6 percent while the local investment was 4,291.0 billion yuan, up by 27.6 percent. Grouped by status of registration, in the first four months of this year, the investment by domestic enterprises was 4,306.6 billion yuan, up by 28.1 percent; investment by funds from Hong Kong, Macao and Taiwan was 162.7 billion yuan, up by 13.0 percent; and the investment by foreign funds was 186.6 billion yuan, up by 1.3 percent.

In the first four months of this year, the investment in primary industry, secondary industry and the tertiary industry went up by 16.5 percent, 21.7 percent and 29.7 percent respectively. Grouped by different sectors, in the first four months of this year, the investment in coal mining and washing was 59.2 billion yuan, up by 27.8 percent; that in production and supply of electric power and heat power 222.5 billion yuan, up 5.6 percent; extraction of petroleum and natural gas 50.6 billion yuan, up by 2.7 percent; railway transport 113.6 billion yuan, up 17.5 percent.

Analysis on projects under construction or started this year showed that in the first four months of this year, projects under construction numbered 189,916, an increase of 17,443 over the same period of last year; the total planned investment in projects under construction reached 31,735.3 billion yuan, up by 27.5 percent year-on-year; projects newly started this year totaled 85,196, a decrease of 1,224; the total planned investment in newly started projects was 4,832.8 billion yuan, up by 31.3 percent over the same period of last year.

In terms of funds in place for investment, in the first four months of this year, 6,759.6 billion yuan had been invested, a year-on-year growth of 35.1 percent. Of this total, the growth of government budgetary funds went up by 14.2 percent; investment from domestic loans went up by 33.8 percent; that from self-raising funds went up by 31.9 percent and that from foreign investment dropped by 9.5 percent.

3. Total retail sales of consumer goods maintained steady and fast growth.

In April, the total retail sales of consumer goods reached 1,151.0 billion yuan, a year-on-year rise of 18.5 percent, which was 3.7 percentage points higher than that in April 2009, or 0.5 percentage point higher than that in the previous month of this year. In the first four months of this year, the total retail sales of consumer goods were 4,788.4 billion yuan, a year-on-year growth of 18.1 percent, or up by 3.1 percentage points over that in the same period of last year. It was 0.2 percentage point higher over that in the first quarter of this year.

Analyzed by different areas, the retail sales in urban areas reached 998.0 billion yuan in April, up by 18.9 percent, and the retail sales in rural areas stood at 153.0 billion yuan, up by 16.0 percent.

Grouped by consumption patterns, the total income of catering services was 126.5 billion yuan in April, up by 17.0 percent year-on-year, and that of retail goods was 1,024.5 billion yuan, up 18.7 percent. Of this total, the total retail sales of enterprises (units) above designated size stood at 429.3 billion yuan, up 31.3 percent.

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