Value added by China’s industrial enterprises above the designated size increased 5.5% year on year in September. The growth rate was 0.3 percentage points faster than in August. On a month-on-month basis, the measure rose 0.61%.
In January–September, industrial value added grew 5.3% year on year. In September, manufacturing increased 6.0%, mining 1.3%, and the production and supply of electricity, heat, gas and water 5.6%.
Value added at state-controlled enterprises rose 3.6%, while the figure for shareholding enterprises increased 6.0%. Enterprises funded by foreign, Hong Kong, Macao and Taiwan investment recorded a 3.7% increase, and private enterprises rose 3.8%.
Of 41 major industrial sectors, 31 recorded year-on-year growth in September. Output value added in computers, communications and other electronic equipment rose 16.4%, special-purpose equipment 12.1%, and transport equipment 11.7%. Coal mining and washing fell 3.3%, while smelting and pressing of non-ferrous metals declined 5.1%.
New energy vehicle production reached 1.87 million units, up 16.9%. Overall vehicle production fell 5.7% to 3.063 million units. Electricity generation declined 1.2% to 829.4 billion kilowatt-hours.
The sales ratio of industrial products stood at 97.0%, down 0.2 percentage points year on year. The value of industrial export deliveries reached 1.7132 trillion yuan, a nominal increase of 17.0%.
