Shanghai Katalor Enterprises Co., Ltd
Home > News

The Chinese National Economy Runs Steadily November 2019

2019-12-16 17:05:26
In November, in the face of the complex situation of rising risks and challenges at home and abroad, all regions and departments took Xi Jinping's new era as a guide to socialist characteristics with Chinese characteristics and seriously implemented the decision-making and deployment of the Party Central Committee and the State Council. With supply-side structural reform as the main line, promote high-quality development, do a good job of stabilizing employment, financial stability, foreign trade, foreign investment, investment, and expectations. The main economic indicators are better than expected, and the national economy has maintained steady and progressive development. situation.

China 's steel output in November was 104.02 million tons, a year-on-year increase of 10.4%; China 's steel output from January to November was 110.74 million tons, a year-on-year increase of 10%.
1. Industrial growth rose, and the development of emerging industries continued to accelerate.
In November, the value added of industries above designated size in the country increased by 6.2% year-on-year, an increase of 1.5 percentage points from the previous month. From January to November, the value added of the industrial enterprises above designated size increased by 5.6%, the growth rate was the same as from January to October. In terms of economic types, in November, the value-added of state-owned holding companies increased by 3.7%; joint-stock enterprises increased by 7.0%; foreign-invested and Hong Kong, Macao, and Taiwan-invested enterprises increased by 3.2%; private enterprises increased by 8.9%, an increase of 3.5 percentage points from the previous month. Divided into three categories, the added value of the mining industry increased by 5.7%, the manufacturing industry increased by 6.3%, and the production and supply of electricity, heat, gas and water increased by 6.7%. The added value of high-tech manufacturing and equipment manufacturing increased by 8.9% and 8.5%, respectively, 2.7 and 2.3 percentage points faster than the industries above the designated size; of which medical equipment and instrument manufacturing, electronic and communications equipment manufacturing increased by 12.6%, respectively. And 10.8%, 6.4 and 4.6 percentage points faster than the industries above designated size, respectively. The output of solar cells and integrated circuits increased by 23.0% and 18.2%, respectively. Automobile production increased by 3.7%. Among the manufacturing purchasing manager index (PMI) sub-indices, the production index, new order index, and supplier delivery time index were 52.6%, 51.3%, and 50.5%, respectively, all above the threshold and rebounding from the previous month. The expected index of manufacturing production and operation activities is 54.9%, which lies in a relatively high economic range.

2. The service industry is steadily rising, and the modern service industry is growing well.

In November, the national service industry production index increased by 6.8% year-on-year, and the growth rate increased by 0.2 percentage points from the previous month. The information transmission, software and information technology service industries, the leasing and business services industries increased by 16.3% and 11.8% respectively, and the growth rates were faster than the national service industry production index by 9.5 and 5.0 percentage points, respectively. From January to November, the national service industry production index increased by 6.9% year-on-year. In November, the business activity index of the service industry was 53.5%, 2.1 percentage points higher than the previous month, and continued to be above the Rongkuang line. Among them, the business activity index of the postal industry, accommodation industry, telecommunications, radio and television, and satellite transmission services were at 58.0%. Above the higher boom interval. The service industry business activity expectation index was 60.6%, an increase of 0.3 percentage points from the previous month.

From January to October, the operating income of service enterprises above designated size increased by 9.1% year-on-year, of which strategic emerging service industries, high-tech service industries and technology service industries increased by 12.0%, 11.5%, and 11.4%, respectively, faster than all services above the designated size. Industry 2.9, 2.4 and 2.3 percentage points; service enterprises above designated size achieved operating profit growth of 3.2% year-on-year.

3. Market sales growth has accelerated, and the proportion of online retail sales of physical goods has continued to increase.
In November, the total retail sales of consumer goods was 389.4 billion yuan, an increase of 8.0% year-on-year, and the growth rate was 0.8 percentage points faster than the previous month. Among them, the total retail sales of social consumer goods excluding automobiles increased by 9.1%. From January to November, the total retail sales of consumer goods was 3,728.7 billion yuan, a year-on-year increase of 8.0%. According to the location of the business unit, in November, the retail sales of urban consumer goods were 32345 billion yuan, an increase of 7.9%; the retail sales of rural consumer goods were 574.8 billion yuan, an increase of 9.1%. By consumption type, catering revenue was 496.4 billion yuan, an increase of 9.7%; merchandise retail was 3,313 billion yuan, an increase of 7.8%. Consumption upgrades grew rapidly. Products of cosmetics, beverages and communication equipment of units above designated size increased by 16.8%, 13.0%, and 12.1%, respectively, and the growth rates were faster than the total retail sales of all social consumer goods by 8.8, 5.0, and 4.1 percentage points, respectively.

From January to November, the nation's online retail sales were 945.8 billion yuan, a year-on-year increase of 16.6%, and the growth rate was 0.2 percentage points higher than that of January to October. Among them, the online retail sales of physical goods were 760.232 billion yuan, an increase of 19.7%, accounting for 20.4% of the total retail sales of consumer goods, an increase of 2.2 percentage points over the same period of the previous year. (source from National Statistics)
Pre: CCS A Grade Plate Price
Next: World Steel:The role of steel in reducing operational CO2 emissions in buildings


Classification Society
DNV GL(VL) Registro Italiano Navale (RINA) Nippon Kaiji Kyokai (NK) Lloyd’s Register of Shipping(LR) Korean Register of Shipping (KR) China Classification Society (CCS) Bureau Veritas (BV) American Bureau of Shipping(ABS)

CONTACT US
Tel: 0086-21-61182423
Fax: 0086-21-61182425
E-Mail: [email protected]
Skype: shanghai.katalor
Address: Address:Unit 6, lane 2500, xiupu Road, Kangqiao Industrial Area, Pudong New District, Shanghai