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Hebei's industrial output up 5.0% in Jan-Aug, manufacturing rises 5.8%
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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%).
Source report
September 21 — According to data released by the Hebei Provincial Bureau of Statistics, the value-added of industrial enterprises above the designated size in the province increased by 5.0% year-on-year during the January–August period.
Breakdown by Sector
- Mining: +2.5%
- Manufacturing: +5.8%
- Electricity, Heat, Gas, and Water Production and Supply: +2.6%
Breakdown by Ownership
- State-controlled enterprises: +0.6%
- Joint-stock enterprises: +4.8%
- Foreign-invested and Hong Kong, Macao, and Taiwan-invested enterprises: +9.5%
- Private enterprises: +7.4%
Breakdown by Enterprise Size
- Large enterprises: +4.5%
- Medium-sized enterprises: +3.6%
- Small enterprises: +7.1%
Industry Performance
Among the 40 major industrial sectors covered by the statistics, 28 sectors recorded growth, representing a growth coverage rate of 70.0%. Notable performers include:
- Instrument and meter manufacturing: +49.3%
- Non-ferrous metal mining and processing: +22.8%
- Pharmaceutical manufacturing: +14.6%
- Railway, ship, aerospace, and other transport equipment manufacturing: +10.5%
- Automobile manufacturing: +8.7%
Source
财联社Eastern
Part of this Story
Hebei industrial output rises 5.0% in Jan-Aug 2024, strategic emerging sectors surge 11.0%