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National
Economic performance in July
In
July, national economic performance continued to keep favorable
development.
Main
features of economic performance in July:
1.
Industrial production continued to keep the rapid development.
In July, total value-added of industry was 196 billion yuan, up
by 12.8% over the same month of last year, and the growth rate
was 0.9 percentage points higher than previous month. From January
to July, the total complete value-added of industrial production
reached 1295.6 billion yuan, up 11.4% over the same period of
last year.
Main
features of industrial production as follow:
a.
Production of state-owned and state-owned share holding enterprises
continued to keep fairly fast growth. In July, the total complete
value-added of state-owned and state-owned share holding enterprises
was 117.1 billion yuan, up 12.8% over the same period of last
year, the growth rate was 0.9 percentage points higher than previous
month. And the total complete value-added of share holding enterprises
was 41.4 billion yuan, up 16.8% over the same month of last year.,
its growth rate was 1.6 percentage points higher than the previous
month.The total value-added of enterprises invested by foreigners
or investors from Hong Kong, Macao and Taiwan was 44.4 billion
yuan, up 15.2% over the same period of last year, the growth rate
was as the same as the previous month. On the contrary, production
of collective enterprises and other enterprises slowed down a
little.
b.
The growth of heavy industry continued to increase. In July, the
total value-added of heavy industry was 119.1 billion yuan, up
14.7% over the same month of last year. And the growth rate was
1.2 percentage points higher than the previous month.. And the
total value-added of light industry was 76.9 billion yuan, up
10.6% over the same month of last year. Production of yarn and
cloth was up 17.2% and 9.5% respectively in this month, and knitting
wool was up 15.4%, garments up 15.7%.
c.
Production and marketing situation improved to some extent. In
July, the sales ratio of industrial enterprises was 97.84%, up
0.4 percentage points over the same month of last year.
d.
Value of delivered export goods realized by industrial enterprises
increased fast. In July, total value of delivered export goods
realized by industrial enterprises reached 117.7 billion yuan,
up by 27.4% over the same period of last year, and the growth
rate was 2 percentage points. And that continued to stimulate
the industry production. From January to July, total value of
export consignment was up 26.6% over the same period of last year.
II.
Investment in fixed assets increased fast. From January to
July, the total investment in fixed assets (excluding urban and
rural collective units and individual investment) reached 938.3
billion yuan, up 12.6% over the same period of last year, 0.5
percentage points faster than the first half of this year. and
investment in fixed assets in this month was 184.5 billion yuan,
up 14.8% over the same period of last year, 3.8 percentage points
faster over the same month of last year.
Investment
in capital construction increased faster obviously than the same
period of last year. From January to July, the total investment
in capital construction was524.3 billion yuan, up 7.4 percentage
points over the same period of last year.
.
Market sales were brisk. In July, total retail sales of consumer
goods hit 259.69 billion yuan, up 9.1% over the same month of
last year.By location of establishments, total retail sales in
city reached 161.93 billion yuan, up 10.1% over the same month
of last year, that in country reached 31.01 billion yuan, up 7.6%
over the same month of last year, and that in under country level
was 66.75 billion yuan, up 7.5% over the same month of last year.
.
The consumer price picked up slightly. In July, consumer price
grew by 100.5%, compared with same month of last year. From January
to July, consumer price grew by 100.2%, compared with same period
of last year.
In
July, retail price was down 0.9 percentage points over the previous
month, 1.2 percentage points over the same month of last year.
From January to July, retail price was down 1.8 percentage points
over the same period of last year.
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Exports and imports increased rapidly. From January to July,
total value of exports and exports was 257.565 billion US dollars,
up 36.3% over the same period of last year, the trade surplus
was 14.339 billion US dollars. Of which, the value of exports
was 135.952 billion US dollars, up 35.8%, and the value of imports
was 121.613 billion US dollars, up 36.8% over the same period
of last year.
In
July, the value of exports was 21.478 billion US dollars, up 24.1%,
value of imports was 19.492 billion US dollars, up 40.1% over
the same month of last year.
.
Fiancial performance developed steadily. By the end of July,
broad money M2 was 12632.4 billion yuan, up 13.4% over the same
period of last year, narrow money M1 was 4780.3 billion yuan,
up 22.6% over the same period of last year, cash in circulation
M0 was 1315.7 billion yuan, up 17.5%. In July, total net cash
supply 15 billion yuan, 16.8 less than that in the same period
of last year.
By
the end of July, total loans balance of all financial institutions
was 9436.3 billion yuan, up 14.1% over the same period of last
year, new-loans in this month was 90.2 billion yuan, more than
36.5 billion yuan that in the same month of last year. Total deposits
balance of all financial institutions was 11715.5 billion yuan,
up 13.9% over the same period of last year. Of which, enterprises
enterprises deposits balance was 4024 billion yuan, up 21.6%,
savings deposits balance of urban and rural residents was 6284.2
billion yuan, up 6.3% over the same period of last year.
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