The added value of industrial enterprises above designated size increased by 3.6 percent in 2022 over the previous year, according to data released by the National Bureau of Statistics on Jan. 17. Among them, the value added of the oil and natural gas mining industry increased by 5.6 percent year on year, and that of the chemical raw materials and chemical products manufacturing industry by 6.6 percent year on year.

According to the data, in December 2022, the value-added of industrial enterprises above designated size increased by 1.3% year-on-year in real terms (the growth rate of value-added is the real growth rate after deducting price factors). From a month-on-month point of view, in December, industrial output above designated size increased by 0.06 percent over the previous month.

In December, mining added value rose 4.9 per cent year on year, manufacturing 0.2 per cent and electricity, heat, gas and water production and supply 7.0 per cent.

By economic type, the added value of state-owned enterprises increased by 1.9 percent year on year in December; The number of joint-stock enterprises increased by 3.5%, and the number of foreign-invested enterprises and those invested by Hong Kong, Macao and Taiwan enterprises decreased by 7.5%. Private companies grew 0.5 percent.

By industry, in December, 16 out of 41 major industries maintained year-on-year growth in added value. That of agricultural and sideline food processing decreased by 2.0 percent; that of wine, beverage and refined tea manufacturing by 3.4 percent; that of textiles by 3.0 percent; that of chemical raw materials and chemical products manufacturing by 11.0 percent; and that of non-metallic mineral products by 1.8 percent. Ferrous metal smelting and calendering industry grew by 2.8 percent, non-ferrous metal smelting and calendering industry by 6.3 percent, general equipment manufacturing by 3.4 percent, special equipment manufacturing by 0.5 percent, automobile manufacturing by 5.9 percent, and railway, shipping, aerospace and other transportation equipment manufacturing by 2.0 percent. The manufacturing of electrical machinery and equipment grew by 10.8 percent, that of computers, communications and other electronic equipment by 1.1 percent, and that of electricity and heat production and supply by 8.6 percent.

By product, in December, there were 207 out of 617 products with a year-on-year increase in output. 111.93 million tons of steel, down 2.6% year on year; Cement 168.44 million tons, down 12.3%; Ten non-ferrous metals were 5.95 million tons, up 7.3%; Ethylene 2.65 million tons, up 4.6%; The number of automobiles was 2.488 million, down 16.7%, of which 810,000 were new-energy vehicles, up 55.5%; The electricity generated was 757.9 billion KWH, up by 3.0%; Crude oil processing was 59.88 million tons, up 2.5 percent.

In December, the sales rate of industrial enterprises was 97.7 percent, down 0.4 percentage points year on year. Industrial enterprises achieved export delivery value of 1,364.8 billion yuan, a nominal decline of 8.4%.