Sheng Laiyun

Spokesman

National Bureau of Statistics of China

11 November 2010

1. The industrial production realized steady growth.

In October, the total value added of the industrial enterprises above designated size was up 13.1 percent year-on-year, or 0.2 percentage point lower than that in September 2010. In the first ten months of this year, it was up 16.1 percent year-on-year, which was down by 0.2 percentage point over that in the first nine months of 2010.

Analysis on different types of enterprises showed that in October 2010, the growth of the state-owned and state holding enterprises went up by 10.6 percent; collective enterprises, 7.9 percent; share-holding enterprises, 14.3 percent; and 11.2 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 October was 13.2 percent, and 12.9 percent for the light industry.

Grouped by different sectors, in October all the 39 industrial divisions kept year-on-year growth. Of this total, the growth of textile industry was 10.5 percent; the manufacture of raw chemical materials and chemical products, up by 13.3 percent; the manufacture of non-metallic mineral products, up by 17.0 percent; the manufacture of general machinery, 18.8 percent; the manufacture of transport equipment, 16.4 percent; the manufacture of electric machinery and equipment, 16.3 percent; the manufacture of communication equipment, computers and other electronic equipment, 13.3 percent; the production and supply of electricity, gas and water, up 6.8 percent; and the ferrous metal smelting and pressing, up by 4.6 percent.

In terms of different products, of the total 503 products, the output of 398 products in October showed a year-on-year growth. Of this total, the output of crude oil was 17.76 million tons, up by 8.8 percent; that of electricity was 332.9 billion kilowatt-hours, up by 5.9 percent; that of pig iron was 50.30 million tons, down by 3.8 percent; that of cement was 170.30 million tons, up by 10.5 percent; that of motor vehicles was 1,593 thousand, up by 23.0 percent, of which, the output of cars was 837 thousand, up by 20.4 percent.

The sales ratio of industrial products in October was 97.8 percent, or 0.3 percentage point lower than that in last October. The total export delivery value of industrial enterprises was 812.4 billion yuan, up by 21.6 percent year-on-year.

2. The growth rate of urban investment in fixed assets came down from a high level.

In the first ten months of this year, the urban investment in fixed assets reached 18,755.6 billion yuan, up by 24.4 percent year-on-year, or 0.1 percentage point lower than that in the first nine months of this year. Of this total, that in the state-owned and state holding enterprises reached 7,795.0 billion yuan, a rise of 19.2 percent; that in the real estate development was 3,807.0 billion yuan, up by 36.5 percent.

Grouped by jurisdiction of project management, in the first ten months of this year, the central investment reached 1,484.5 billion yuan, the year-on-year growth was 10.0 percent while the local investment was 17,271.1 billion yuan, up by 25.9 percent. Grouped by status of registration, in the first ten months of this year, the investment by domestic enterprises was 17,424.3 billion yuan, up by 25.7 percent; investment by funds from Hong Kong, Macao and Taiwan was 600.1 billion yuan, up by 18.2 percent; and the investment by foreign funds was 652.1 billion yuan, up by 4.9 percent.

In the first ten months of this year, the investment in primary industry, secondary industry and the tertiary industry went up by 17.2 percent, 22.3 percent and 26.4 percent respectively. Grouped by different sectors, in the first ten months of this year, the investment in production and supply of electric power and heat power was 899.2 billion yuan, up by 6.4 percent; that in extraction of petroleum and natural gas 194.7 billion yuan, up 6.9 percent; and that in railway transport 518.1 billion yuan, up 27.8 percent.

Analysis on projects under construction or started this year showed that in the first ten months of this year, projects under construction numbered 415,234, an increase of 13,030 over the same period of last year; the total planned investment in projects under construction reached 47,601.3 billion yuan, up by 25.7 percent year-on-year; projects newly started this year totaled 280,276, a decrease of 13,136; the total planned investment in newly started projects was 15,427.0 billion yuan, up by 23.8 percent over the same period of last year.

In terms of funds in place for investment, in the first ten months of this year, 21,521.9 billion yuan had been invested, a year-on-year growth of 25.6 percent. Of this total, the growth of government budgetary funds went up by 11.8 percent; investment from domestic loans went up by 22.7 percent; that from self-raising funds went up by 30.1 percent and that from foreign investment rose by 3.3 percent.