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subject: quot;2009 China Industrial Economic Operation Summer Report" released - Refractory Industry [print this page]


quot;2009 China Industrial Economic Operation Summer Report" released - Refractory Industry

August 26, Ministry of Industry and Information Technology Operation Monitoring and Coordination Bureau, the Chinese Academy of Social Sciences Institute of Industrial Economics jointly issued the "2009 Report of China's industrial economy of the summer." Reads as follows:

2009 summer run China Industrial Economy Report

(2009 8 26) This year, the CPC Central Committee and State Council, under the strong leadership in all areas of the joint efforts of various departments, the central international financial crisis, and promote steady and rapid economic development, the effects of policies to gradually appear, the momentum of industrial growth down been contained, stabilized become clear upward trend, the overall operation of industrial development for the better.

1, this year the basic situation of industrial economy

(A) of the bottom pick-up in industrial growth, stabilize the situation more clear well

The first 7 months, above-scale industrial added value grew 7.5%, although the growth rate down 8.6 percentage points over the same period last year, but monthly data, 1-February to see growth of 3.8%, 3,4,5 3 month growth rate rose to 8.3%, 7.3% and 8.9%, showing a rebound in the run trend growth rate of 6,7 months and further to 10.7% and 10.8%, continued for the better. Industrial economic operation shows the following characteristics:

1, light running relatively smooth, heavy picking up significantly. 7 months ago, light, heavy industry grew 8.1% year on year and 7.2%, which in July increased 9.2% and 11.3%. Light driven mainly by consumer demand rigid, more stable operation, in July rebound in growth rate compared with 2.7 percentage points from January to February; Heavy After six months of adjustments to the basic inventory of completed, together with the central policy of driving, operating conditions are improved in July compared with January-February growth rate rebounded 8.6 percentage points.

2, effective fall situation has improved, the majority of the industry profit growth. In the first half, reported the country's 22 provinces of industrial efficiency of large industrial enterprises realized main business income of 18 trillion yuan from January to May fell 0.3% to 0.4%; profit of 894.1 billion yuan, down 21.2% narrow than the first quarter fell 11 percent, compared with 3.4 percentage points from January to May reduced; in 39 categories of industrial sectors, 23 industries increased profits over the previous year, industry profit growth of 27 pick-up or drop compared with January-May narrow.

3, eastern and central regions rise faster to maintain a rapid growth of western region. From January to July, the eastern, central and western regions over the scale of industrial added value grew 6.3% year on year, 7.3% and 13.2%, which in July increased by 9.5%, 11.8% and 15.2%. First 7 months, industrial growth rate of more than 10% of Jiangsu, Shandong, and Liaoning, Tianjin, Chongqing, and other 13 provinces, only two provinces for the negative growth in July industrial growth rate of all provinces were positive growth.

4, a substantial decline in exports, domestic demand to become a major force driving growth. From January to July, the export delivery value of industrial scale down 15.6% year on year, of which 14.7% decline in July. The sharp decline of external demand situation, expanding domestic demand, strong support for the steady rise of industrial production. The first 7 months, urban fixed asset investment grew 32.9%, including construction and installation tools and equipment acquisition costs grew 35% and 30.4%; industrial investment grew 27.2%, 28.1% investment growth in the manufacturing sector. The first 7 months of total retail sales of social consumer goods up 15% over the previous year.

(B) of the main industries in the overall trend was to speed up recovery run

1, raw materials industry driven by strong growth in fixed asset investment to speed up recovery. From January to July, the added value of raw materials rose 7.8% Bank, which increased 3.1% from January to February, 3,4,5,6,7 five months rose 8.8%, 7%, 8.9%, 11% and 13 %.




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