Hebei industrial output rises 5.0% in Jan-Aug 2024, strategic emerging sectors surge 11.0%
Hebei Province's industrial output above designated size grew 5.0% year-on-year in the first eight months of 2024, driven by manufacturing (5.8%) and mining (2.5%). Strategic emerging industries surged 11.0%, outpacing overall growth by 6.0 percentage points. Notable high-growth sectors included instrument manufacturing (49.3%), non-ferrous metal mining (22.8%), and pharmaceutical manufacturing (14.6%). Data was released by the Hebei Provincial Bureau of Statistics on September 21.
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Hebei Province's Strategic Emerging Industries Output Grows 11.0% in First Eight Months
According to data released by the Hebei Provincial Bureau of Statistics and reported by financial news outlet Cailianshe on September 21, the added value of industrial enterprises above a designated size in Hebei Province grew by 5.0% year-on-year in the first eight months of 2024. Breaking down the three major sectors, the mining industry saw a 2.5% increase, manufacturing grew by 5.8%, and the production and supply of electricity, heat, gas, and water rose by 2.6%. Notably, the added value of strategic emerging industries in the province's above-scale industrial sector surged by 11.0% during the January-August period, outpacing the overall industrial growth rate by 6.0 percentage points. This data highlights the strong performance of high-tech and new economy sectors within Hebei's industrial landscape.
Read sourceHebei Province's Industrial Output Above Designated Size Grows 5.0% Year-on-Year in January-August
According to data released by the Hebei Provincial Bureau of Statistics on September 21, the added value of industrial enterprises above the designated size in Hebei Province increased by 5.0% year-on-year from January to August. By sector, mining output grew 2.5%, manufacturing rose 5.8%, and production and supply of electricity, heat, gas, and water increased 2.6%. By ownership, state-controlled enterprises saw a 0.6% rise,股份制 enterprises grew 4.8%, foreign and Hong Kong/Macau/Taiwan-invested enterprises surged 9.5%, and private enterprises increased 7.4%. By enterprise size, large enterprises grew 4.5%, medium enterprises 3.6%, and small enterprises 7.1%. Among 40 major industrial sectors, 28 achieved growth, a 70.0% growth rate. Notable sectors included instrument manufacturing (49.3% increase), non-ferrous metal mining (22.8%), pharmaceutical manufacturing (14.6%), railway, ship, aerospace and other transport equipment manufacturing (10.5%), and automobile manufacturing (8.7%).
Hebei Province's Industrial Output Grows 5.0% Year-on-Year in First Eight Months of 2024
According to data released by the Hebei Provincial Bureau of Statistics and reported by Blue Whale Finance on September 21, the value-added output of industries above a designated size in Hebei Province grew by 5.0% year-on-year in the first eight months of 2024. By sector, mining output increased by 2.5%, manufacturing by 5.8%, and utilities (electricity, heat, gas, and water production and supply) by 2.6%. By ownership, state-controlled enterprises grew 0.6%, joint-stock companies 4.8%, foreign and Hong Kong/Macau/Taiwan-invested enterprises 9.5%, and private enterprises 7.4%. By enterprise size, large enterprises grew 4.5%, medium enterprises 3.6%, and small enterprises 7.1%. Among 40 major industrial sectors, 28 achieved growth, a 70.0% growth rate. Notable high-growth sectors included instrument manufacturing (49.3%), non-ferrous metal mining (22.8%), pharmaceutical manufacturing (14.6%), railway, ship, aerospace and other transport equipment manufacturing (10.5%), and automobile manufacturing (8.7%).
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Hebei Province's Industrial Output Grows 5.0% Year-on-Year in First Eight Months
According to data released by the Hebei Provincial Bureau of Statistics on September 21, the province's industrial output value above a designated size increased by 5.0% year-on-year in the first eight months of the year. By sector, mining output rose 2.5%, manufacturing grew 5.8%, and utilities (electricity, heat, gas, and water) increased by 2.6%. By ownership, state-controlled enterprises saw a 0.6% rise, joint-stock companies grew 4.8%, foreign-invested and Hong Kong/Macau/Taiwan-invested enterprises surged 9.5%, and private enterprises increased by 7.4%. By enterprise size, large firms grew 4.5%, medium firms 3.6%, and small firms 7.1%. Among 40 major industrial categories, 28 achieved growth, a 70% growth rate. Notable high-growth sectors included instrument manufacturing (49.3%), non-ferrous metal mining (22.8%), pharmaceutical manufacturing (14.6%), railway, ship, aerospace and other transport equipment manufacturing (10.5%), and automobile manufacturing (8.7%).
Hebei Province's Strategic Emerging Industry Value-Added Up 11.0% in Jan-Aug
According to data released by the Hebei Provincial Bureau of Statistics on September 21, the value-added of strategic emerging industries above a designated size in Hebei Province grew by 11.0% during the first eight months of the year. This growth rate was 6.0 percentage points faster than the overall growth rate of industrial enterprises above the designated size in the province. The report, sourced from People's Financial Information and republished by stockstar securities news, highlights the strong performance of Hebei's high-tech and new economy sectors relative to traditional industry.
Read sourceHebei Province's Industrial Output Grows 5.0% Year-on-Year in First Eight Months of 2024
According to data released by the Hebei Provincial Bureau of Statistics on September 21, the province's industrial output above a designated size grew by 5.0% year-on-year in the January-August period of 2024. The growth was driven by the manufacturing sector, which expanded by 5.8%, while the mining sector grew by 2.5% and the utilities sector (electricity, heat, gas, and water production and supply) increased by 2.6%. The data, reported by People's Financial Information and republished by stockstar_securities_news, provides a snapshot of Hebei's industrial performance in the first eight months of the year.
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