On October 19, the National Bureau of Statistics announced that the growth rate of industries above Designated Size in September was 6.6%, 0.6 percentage points higher than that in August; On a month on month basis, the added value of industries above Designated Size in September increased by 0.56% over the previous month
the interviewed experts pointed out that the industrial growth rate of this year had an obvious rebound at the end of the quarter. The rebound of PPI in September and the resulting sharp increase in profits of industrial enterprises were the main reasons for the industrial rebound. The export delivery growth of Industrial Enterprises above Designated Size brought about by the recovery of foreign trade also provided the basis for the industrial rebound. However, industrial growth is still facing downward pressure, and industrial growth may slow down steadily in the fourth quarter
in terms of product structure, the output of industrial robots doubled year-on-year in September. UAVs, integrated circuits, new energy vehicles and other products still maintain high-speed growth, and industrial structural adjustment and the transformation of old and new kinetic energy are accelerating
the rebound at the end of the quarter reappeared in September
in September 2017, the added value of industries above designated size increased by 6.6% year-on-year, which showed a significant rebound compared with 6.4% in July and 6.0% in August. In terms of three categories, the added value of the mining industry in September fell by 3.8% year-on-year, the manufacturing industry increased by 8.1%, and the production and supply of electricity, heat, gas and water increased by 7.8%
in the first three quarters, the added value of industries above designated size increased by 6.7% year-on-year, 0.7 percentage points faster than the same period last year
Niu Li, director of the Macroeconomic Research Office of the Economic Forecasting Department of the National Information Center, told the 21st Century Business Herald that the rebound in industrial data in September was expected. There was an obvious end of quarter rebound in industrial growth in the first three quarters of this year. The industrial growth rate in March and June reached a quarterly high of 7.6%, which was also the high point in recent two years
Niu Li believes that the recent significant improvement in the profits of industrial enterprises has also promoted the rebound in industrial growth, behind which is the sharp rise in factory prices of industrial producers. In September, the ex factory price of industrial producers rose by 6.9% year-on-year. Under this influence, the profit growth rate of industrial enterprises rose to 24% in August, up 7.5 percentage points from July, which is conducive to the acceleration of industrial production
according to the data, in the first three quarters, the ex factory prices of national industrial producers increased by 6.5% year-on-year. In January, industrial enterprises above Designated Size achieved a total profit of 4921.4 billion yuan, an increase of 21.6% year-on-year; The profit margin of main business income of Industrial Enterprises above designated size was 6.13%, an increase of 0.45 percentage points over the same period last year
Niu Li said that the export performance of industrial enterprises has also been very bright this year, which provides support for the recovery of industrial growth
in the first three quarters, industrial enterprises above Designated Size achieved an export delivery value of 9427 billion yuan, an increase of 10.7% year-on-year. In September, industrial enterprises above Designated Size achieved an export delivery value of 119.06 billion yuan, an increase of 9.8%
in addition, the purchasing managers' index of manufacturing industry reached 52.4% in September, a new high since May when the Inspection Bureau suggested that plastic exports should avoid new risks. The optimistic expectation of manufacturing industry for the future also stimulated the rebound of industrial growth
according to tangjianwei, chief Macro Analyst of Bank of communications, the growth rate of industrial added value fell by 0.2 percentage points in the same period last year, and the base of industrial growth in September itself was low
the industrial growth rate will show a trend of high before and stable after
from the perspective of quarterly data, the industrial data in the third quarter has slowed down compared with the first half of the year
Niu Li said that the current industrial growth rate is facing considerable pressure, and the industrial growth rate in the fourth quarter is likely to slow down further. In the first half of the year, the sustained high industrial growth rate was related to industrial replenishment of inventory, which peaked in April, and now its effect is declining
at the same time, the overall demand of industry is still unstable. In the third quarter, the consumption of major industrial products and foreign trade exports slowed down compared with the previous two quarters; Fixed asset investment is also slowing quarter by quarter. The fall in demand will affect industrial production and weaken industrial data
in addition, manufacturing investment is also slowing down. In the first nine months of this year, the manufacturing industry published 25 papers, and the investment increased by 4.2% year-on-year, and the growth rate fell by 0.3 percentage points
Qiao Baohua, an economist at the Institute of industry and economics of CCID Research Institute of the Ministry of industry and information technology, believes that this year's industrial growth rate will show a trend from high to stable. There are still uncertainties in industrial investment and enterprise financing. The growth of new momentum still needs time. It is difficult to judge whether the industrial economy has bottomed out. At present, the more important task is to continue to promote the supply side structural reform, so as to speed up the transformation of old and new driving forces in the industrial field, promote the steady growth of the industrial economy, and promote the industry to move towards the middle and high end
industrial robots increased by 103%
in terms of industries and products, 36 of 41 industrial industries maintained growth in the first three quarters, with an increase of 87.8%. Among the more than 570 major industrial products counted by the Bureau of statistics, the growth rate of product output reached 76.3%. The boom of industry continues to expand
the output of industrial robots reached 13085 sets/set in September, with a year-on-year increase of 103.2%. This is not a single month phenomenon. The robot industry has maintained a high growth rate for a long time
in the first September of this year, industrial robots increased by 69.4%. From 2010 to 2016, China's industrial robot market increased by more than five times. Since 2013, China has become the world's largest industrial robot market for four consecutive years, accounting for 1/5 of the global market from 2013 to 1/4 in 2014, and nearly 1/3 last year
Qiao Baohua told the 21st Century Business Herald that with the disappearance of the demographic dividend and the transformation and upgrading of the industry, industrial robots and other products have ushered in the explosive point of rapid growth. Among the products of industrial statistics above the designated size, industrial robots, new energy vehicles, integrated circuits and other products continue to maintain high-speed growth. On the one hand, they are still in the rapid growth period of the product life cycle, with a low base; On the other hand, because these products are in line with the direction of industrial upgrading, the demand is relatively large
except for robots, new products maintained rapid growth in the first three quarters
at the press conference of the State Council Information Office on October 19, Xing Zhihong, spokesman of the National Bureau of statistics and director of the Department of national economic comprehensive statistics, said that in the first three quarters, the high-tech manufacturing industry specifically refers to the sample experiment with more than the maximum experimental force, and the added value of the equipment manufacturing industry and strategic emerging industries increased by 13.4%, 11.6% and 11.3% respectively year-on-year, faster than that of industries above Designated Size by 6.7, 4.9 and 4.6 percentage points respectively. At present, the added value of high-tech manufacturing industry has accounted for more than 12% of industries above Designated Size, and the proportion of equipment manufacturing industry has reached more than 32%. The industrial technology content and development level are further improved
Niu Li said that industrial products such as robots, unmanned aerial vehicles and new energy vehicles have always been in full swing, and these emerging fields will be the main direction of industrial transformation and upgrading in the future. The problem today is that emerging industries still account for a small share of industry. Industrial structure optimization is a long-term process of gradual transformation between old and new industries
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