Under the strong leadership of the Party Central Committee and the State Council, the industrial communication system in the first half of this year insisted on reversing the rapid decline in industrial growth and promoting the steady and rapid economic development as the top priority, and actively implemented the central government’s “expanding domestic demand, maintaining growth, adjusting the structure, and benefiting The people's livelihood package has gone all out to carry out work, policy effects have gradually emerged, the momentum of the rapid decline in industrial growth has been contained, the power of steady recovery is gathering, and the overall operation of the industry is developing in a good direction.
In the first half of the year, the industrial added value of enterprises above designated size increased by 7% year-on-year, and the industrial added value above designated size increased by 3.8% in the first two months to a low point. The growth rates in 3, 4, 5, and 6 months respectively increased to 8.3% and 7.3% respectively. , 8.9% and 10.7%.
Heavy industry production accelerated recovery. In the first half of the year, the industrial added value of light and heavy industries increased by 8.2% and 6.6% year-on-year, respectively, which was 1.4% and 2.1 percentage points higher than the first quarter. In June, light and heavy industries grew by 10.2% and 10.9%, respectively. Heavy industry growth exceeded light industry for the first time since last October, driving industrial growth by 7.6 percentage points.
The growth rate of industries in all regions has accelerated. The industrial added value of the eastern, central and western regions increased by 9.3%, 12.1%, and 15%, respectively, which was 5.6, 6.9, and 3.2 percentage points higher than the first quarter. Among the major industrial provinces, Liaoning, Jiangsu, Shandong, Guangdong, and Zhejiang (accounting for 5.4%, 11.9%, 13.4%, 10.6%, and 5.5%, respectively, of the national total) grew by 12.7%, 12.3%, 12%, and 4.4% respectively. At 0.3%, the growth rate was 1.5, 1.7, 5.5, 3.5 and 5.9 percentage points higher than the first quarter. The industrial added value of Beijing and Shanxi dropped by 1.2% and 17.4% respectively year-on-year. In June, industrial growth rates in 26 provinces in 31 provinces nationwide accelerated or slowed down. The monthly growth rates in Shandong, Guangdong, Jiangsu, Zhejiang, and Henan provinces increased by 1.8-5.6 percentage points compared with that in May respectively; Liaoning Province and May It was basically flat; Shanghai's growth was 2.1%, ending the negative growth for seven consecutive months since last November.
The sharp decline in exports of industrial products has slowed down. According to customs statistics, in the first half of the year, China’s foreign trade exports decreased by 21.8% year-on-year, of which the rate of decline in June reached 21.4%, which is 5 percentage points lower than in May. In the first half of the year, the export delivery value of industrial enterprises above designated size decreased by 15.5% year-on-year, a decrease of 0.5 percentage points from the first quarter, and the export delivery value of the textile and electronics industry decreased by 7.9% and 11.4%, respectively, a decrease of 0.7 points and 4.1% from the first quarter. The percentage of light industry and machinery industry decreased by 11.1% and 17.6%, respectively, and the decline rate increased by 0.3 and 1.5 percentage points. Several increases in export tax rebate rate supported the export of textile products, and the decline was significantly less than the overall decline in the country's foreign trade exports. Among them, textile and apparel exports fell by 11.1%, and footwear, luggage, furniture, and plastic products decreased by 4.3%-9.8%. Toys decreased by 14.3%.
The production and sales rate is still at a low level. In the first half of the year, the national industrial product sales rate was 97.2%, which was 0.5 percentage points lower than the same period of last year; the light and heavy industry production and sales rate were 97.1% and 97.2% respectively. In June, the national product sales rate was 97.3%, and the light industry production and sales rate was 96.8%, which was lower than the 0.7% in the same period of last year. The heavy industry production and sales rate was 97.5%, which was basically the same as the same period of last year.
The overall profitability of the industry has changed. From January to May, profits of industrial enterprises above designated size decreased by 22.9% year-on-year, a decrease of 14.4 percentage points from January-February; among them, earnings of profitable companies fell by 17%, losses of loss-making enterprises rose by 14.3%, and losses were 23%. . Among 39 industrial sectors, profit growth in 30 industries rose (or decreased) from January-February; in 31 provinces, 26 provinces had better industrial profits and losses than in January-February.
In the first half of the year, the industrial added value of enterprises above designated size increased by 7% year-on-year, and the industrial added value above designated size increased by 3.8% in the first two months to a low point. The growth rates in 3, 4, 5, and 6 months respectively increased to 8.3% and 7.3% respectively. , 8.9% and 10.7%.
Heavy industry production accelerated recovery. In the first half of the year, the industrial added value of light and heavy industries increased by 8.2% and 6.6% year-on-year, respectively, which was 1.4% and 2.1 percentage points higher than the first quarter. In June, light and heavy industries grew by 10.2% and 10.9%, respectively. Heavy industry growth exceeded light industry for the first time since last October, driving industrial growth by 7.6 percentage points.
The growth rate of industries in all regions has accelerated. The industrial added value of the eastern, central and western regions increased by 9.3%, 12.1%, and 15%, respectively, which was 5.6, 6.9, and 3.2 percentage points higher than the first quarter. Among the major industrial provinces, Liaoning, Jiangsu, Shandong, Guangdong, and Zhejiang (accounting for 5.4%, 11.9%, 13.4%, 10.6%, and 5.5%, respectively, of the national total) grew by 12.7%, 12.3%, 12%, and 4.4% respectively. At 0.3%, the growth rate was 1.5, 1.7, 5.5, 3.5 and 5.9 percentage points higher than the first quarter. The industrial added value of Beijing and Shanxi dropped by 1.2% and 17.4% respectively year-on-year. In June, industrial growth rates in 26 provinces in 31 provinces nationwide accelerated or slowed down. The monthly growth rates in Shandong, Guangdong, Jiangsu, Zhejiang, and Henan provinces increased by 1.8-5.6 percentage points compared with that in May respectively; Liaoning Province and May It was basically flat; Shanghai's growth was 2.1%, ending the negative growth for seven consecutive months since last November.
The sharp decline in exports of industrial products has slowed down. According to customs statistics, in the first half of the year, China’s foreign trade exports decreased by 21.8% year-on-year, of which the rate of decline in June reached 21.4%, which is 5 percentage points lower than in May. In the first half of the year, the export delivery value of industrial enterprises above designated size decreased by 15.5% year-on-year, a decrease of 0.5 percentage points from the first quarter, and the export delivery value of the textile and electronics industry decreased by 7.9% and 11.4%, respectively, a decrease of 0.7 points and 4.1% from the first quarter. The percentage of light industry and machinery industry decreased by 11.1% and 17.6%, respectively, and the decline rate increased by 0.3 and 1.5 percentage points. Several increases in export tax rebate rate supported the export of textile products, and the decline was significantly less than the overall decline in the country's foreign trade exports. Among them, textile and apparel exports fell by 11.1%, and footwear, luggage, furniture, and plastic products decreased by 4.3%-9.8%. Toys decreased by 14.3%.
The production and sales rate is still at a low level. In the first half of the year, the national industrial product sales rate was 97.2%, which was 0.5 percentage points lower than the same period of last year; the light and heavy industry production and sales rate were 97.1% and 97.2% respectively. In June, the national product sales rate was 97.3%, and the light industry production and sales rate was 96.8%, which was lower than the 0.7% in the same period of last year. The heavy industry production and sales rate was 97.5%, which was basically the same as the same period of last year.
The overall profitability of the industry has changed. From January to May, profits of industrial enterprises above designated size decreased by 22.9% year-on-year, a decrease of 14.4 percentage points from January-February; among them, earnings of profitable companies fell by 17%, losses of loss-making enterprises rose by 14.3%, and losses were 23%. . Among 39 industrial sectors, profit growth in 30 industries rose (or decreased) from January-February; in 31 provinces, 26 provinces had better industrial profits and losses than in January-February.
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