In October, the added value of industrial enterprises above designated size increased by 3.5 percent year-on-year in real terms, 10.6 percent higher than the same period in 2019, and the two-year average growth was 5.2 percent, according to data released by the National Bureau of Statistics on Nov 15. On a month-on-month basis, the added value of industrial enterprises above designated size increased by 0.39 percent in October from the previous month.

By industry, in October, the added value of 28 out of 41 major industries maintained year-on-year growth. The manufacturing of chemical raw materials and chemical products went up by 0.8 percent. The manufacturing of non-metallic mineral products went down by 4.1 percent. Ferrous metal smelting and rolling processing industries went down by 12.8 percent. The manufacturing of special equipment grew by 7.2 percent, the manufacturing of automobiles by 7.9 percent, the manufacturing of railways, ships, aerospace and other transportation equipment by 6.5 percent, the manufacturing of electrical machinery and equipment by 5.3 percent, the manufacturing of computers, communications and other electronic equipment by 14.0 percent, and the production and supply of electric power and heat by 10.7 percent.

By product, in October, the output of 246 out of 612 products increased year on year. 101.74 million tons of steel products, down 14.9 percent year-on-year; Cement was 20.4 million tons, down 17.1 percent; 5.26 million tons of non-ferrous metals, down 2.6 percent; 2.32 million tons of ethylene, up by 4.0 percent; 2.344 million automobiles, down 8.3%, of which 408,000 were new-energy vehicles, up 127.9%; The electricity output was 639.3 billion KWH, up by 3.0 percent; And 58.4 million tons of crude oil processing, down 3.0 percent.

The sales rate of products of industrial enterprises in October was 97.3 percent, down 1.1 percentage points year on year; The export delivery value of industrial enterprises reached 1,267.1 billion yuan, up 11.6 percent year-on-year in nominal terms.

1— In October, the value added of industrial enterprises above designated size rose 10.9 percent year on year, marking a two-year average growth of 6.3 percent.