Since the beginning of this year, under the continuous action of the central government's package plan and policy measures of “maintaining growth, expanding domestic demand, adjusting structure, and benefiting people's livelihoodâ€, the industrial economy has reversed the sharp decline in the growth rate from the second half of last year to the beginning of this year, especially the entry. After June, it showed a series of characteristics such as accelerated production growth, improved efficiency, rising product prices, and new progress in energy conservation and emission reduction.
In the first three quarters, the added value of industrial enterprises above designated size increased by 8.7% year-on-year, 1.7 percentage points faster than the first half of the year, and the industrial operation continued to improve. In September, the growth rate of industrial production reached 13.9%, the fastest growth since the international financial crisis in September last year. The growth rate of industrial production maintained a double-digit level for four consecutive months.
The growth rate of heavy industry production rebounded faster than light industry. The light industry was driven by the rigid demand of domestic consumption and maintained steady growth. Under heavy investment, heavy industry began to show a strong rebound in the second quarter. In the first three quarters, the added value of light and heavy industries increased by 8.7% year-on-year, 0.5 and 2.1 percentage points higher than the first half of the year. In September, the added value of light and heavy industries increased by 11.8% and 14.8% respectively.
The eastern and central regions rebounded faster. In the first three quarters, the industrial added value of the eastern, central and western regions increased by 7.5%, 8.7% and 13.8% respectively, which was 1.7, 2 and 0.6 percentage points faster than the first half. In terms of provinces and cities, in the first three quarters, the above-scale industries in 17 provinces and cities nationwide achieved double-digit growth, with Tianjin, Sichuan, and Inner Mongolia increasing by 20.8%, 19.9%, and 19.4% respectively; the industrial provinces of Shandong, Jiangsu, Henan, and Liaoning were year-on-year. They increased by 12.9%, 13%, 10.5% and 14.4% respectively; Shanxi and Shanghai still experienced negative growth, down 8.5% and 1.9% respectively, but have turned positive growth since June. In September, the growth rate of added value of 14 provinces and cities nationwide exceeded 20%.
Industrial investment continues to grow. In the first three quarters, industrial investment was 5.57 trillion yuan, a year-on-year increase of 26.6%, of which manufacturing investment was 4.14 trillion yuan, an increase of 27.7%. Industrial investment in September increased by 26.4% year-on-year, 3.3 percentage points faster than last month.
The decline in the ex-factory price of industrial products has slowed down. In the first three quarters, the ex-factory price of industrial products decreased by 6.5% year-on-year, and the purchase price of raw materials, fuels and power decreased by 9.5%. In September, the ex-factory price of industrial products fell by 7% year-on-year (a decrease of 0.9 percentage points from the previous month), up 0.6% from the previous month, and has been rising for six consecutive months. The purchase price of raw materials, fuels and power decreased by 10.1% year-on-year. Reduced by 1.3 percentage points), up 1% from the previous month.
The decline in exports of industrial products has narrowed. According to customs statistics, the total import and export volume of the country fell by 20.9% year-on-year, of which 10.1% fell in September, a decrease of 10.5 percentage points from August. In the first three quarters, the export value of industrial products fell by 14.7% year-on-year, a decrease of 0.8 percentage points from the first half of the year; industrial products exports fell by 9.9% in September, a decrease of 5.5 percentage points from the previous month.
The production and sales convergence has further improved. In the first three quarters, the national industrial product sales rate was 97.4%, an increase of 0.2 percentage points over the first half of the year; among them, the production and sales ratios of light and heavy industries were 97.3% and 97.5% respectively. In September, the industrial product sales rate reached 97.7%, returning to a higher level.
The economic benefits of the company have obviously improved. In the first 8 months, the profits of industrial enterprises above designated size reached 1,674.7 billion yuan, down 10.6% year-on-year. The decline was 12.3 percentage points lower than that in January-May, of which 6.9% was increased from June to August, and the total tax paid was 14.53 billion yuan, a year-on-year increase. 8.8%, an increase of 1.7 percentage points over the January-May period. The loss of industrial enterprises above designated size was 20.3%, which was 2.7 percentage points lower than that of January-May; the loss of loss-making enterprises was 287.2 billion yuan, down from 18.3% in January-May to 18.8%. At the end of August, the inventory of finished products of industrial enterprises above designated size occupied 2.2 trillion yuan, down 0.8% year-on-year (up 28.5% in the same period last year, 4.2% in the first five months of this year); net accounts receivable was 4.8 trillion yuan, an increase 9.2%, an increase of 1.2 percentage points from January to May.
(The relevant statistical data, except for the indications, the import and export data are customs statistics, and the rest are data of the National Bureau of Statistics or according to the data of the National Bureau of Statistics.)
In the first three quarters, the added value of industrial enterprises above designated size increased by 8.7% year-on-year, 1.7 percentage points faster than the first half of the year, and the industrial operation continued to improve. In September, the growth rate of industrial production reached 13.9%, the fastest growth since the international financial crisis in September last year. The growth rate of industrial production maintained a double-digit level for four consecutive months.
The growth rate of heavy industry production rebounded faster than light industry. The light industry was driven by the rigid demand of domestic consumption and maintained steady growth. Under heavy investment, heavy industry began to show a strong rebound in the second quarter. In the first three quarters, the added value of light and heavy industries increased by 8.7% year-on-year, 0.5 and 2.1 percentage points higher than the first half of the year. In September, the added value of light and heavy industries increased by 11.8% and 14.8% respectively.
The eastern and central regions rebounded faster. In the first three quarters, the industrial added value of the eastern, central and western regions increased by 7.5%, 8.7% and 13.8% respectively, which was 1.7, 2 and 0.6 percentage points faster than the first half. In terms of provinces and cities, in the first three quarters, the above-scale industries in 17 provinces and cities nationwide achieved double-digit growth, with Tianjin, Sichuan, and Inner Mongolia increasing by 20.8%, 19.9%, and 19.4% respectively; the industrial provinces of Shandong, Jiangsu, Henan, and Liaoning were year-on-year. They increased by 12.9%, 13%, 10.5% and 14.4% respectively; Shanxi and Shanghai still experienced negative growth, down 8.5% and 1.9% respectively, but have turned positive growth since June. In September, the growth rate of added value of 14 provinces and cities nationwide exceeded 20%.
Industrial investment continues to grow. In the first three quarters, industrial investment was 5.57 trillion yuan, a year-on-year increase of 26.6%, of which manufacturing investment was 4.14 trillion yuan, an increase of 27.7%. Industrial investment in September increased by 26.4% year-on-year, 3.3 percentage points faster than last month.
The decline in the ex-factory price of industrial products has slowed down. In the first three quarters, the ex-factory price of industrial products decreased by 6.5% year-on-year, and the purchase price of raw materials, fuels and power decreased by 9.5%. In September, the ex-factory price of industrial products fell by 7% year-on-year (a decrease of 0.9 percentage points from the previous month), up 0.6% from the previous month, and has been rising for six consecutive months. The purchase price of raw materials, fuels and power decreased by 10.1% year-on-year. Reduced by 1.3 percentage points), up 1% from the previous month.
The decline in exports of industrial products has narrowed. According to customs statistics, the total import and export volume of the country fell by 20.9% year-on-year, of which 10.1% fell in September, a decrease of 10.5 percentage points from August. In the first three quarters, the export value of industrial products fell by 14.7% year-on-year, a decrease of 0.8 percentage points from the first half of the year; industrial products exports fell by 9.9% in September, a decrease of 5.5 percentage points from the previous month.
The production and sales convergence has further improved. In the first three quarters, the national industrial product sales rate was 97.4%, an increase of 0.2 percentage points over the first half of the year; among them, the production and sales ratios of light and heavy industries were 97.3% and 97.5% respectively. In September, the industrial product sales rate reached 97.7%, returning to a higher level.
The economic benefits of the company have obviously improved. In the first 8 months, the profits of industrial enterprises above designated size reached 1,674.7 billion yuan, down 10.6% year-on-year. The decline was 12.3 percentage points lower than that in January-May, of which 6.9% was increased from June to August, and the total tax paid was 14.53 billion yuan, a year-on-year increase. 8.8%, an increase of 1.7 percentage points over the January-May period. The loss of industrial enterprises above designated size was 20.3%, which was 2.7 percentage points lower than that of January-May; the loss of loss-making enterprises was 287.2 billion yuan, down from 18.3% in January-May to 18.8%. At the end of August, the inventory of finished products of industrial enterprises above designated size occupied 2.2 trillion yuan, down 0.8% year-on-year (up 28.5% in the same period last year, 4.2% in the first five months of this year); net accounts receivable was 4.8 trillion yuan, an increase 9.2%, an increase of 1.2 percentage points from January to May.
(The relevant statistical data, except for the indications, the import and export data are customs statistics, and the rest are data of the National Bureau of Statistics or according to the data of the National Bureau of Statistics.)
- Bluetooth wireless
- Built-in speaker
- Built-in microphone
- Handsfree speakerphone
- Supports profile A2DP (Advanced Audio Distribution Profile)
- Aux in (3.5mm audio input)
- Micro-USB port for battery recharge
- Wireless range: 10 meter
- Controls: volume up, volume down, play/pause, pairing/answer phone
- On/off switch
- LED pairing indicator
- DC battery power: built-in rechargeable battery
- Battery life: ~5 hours at 100% volume
- Dimensions:Diameter 115mm*Height 145mm
- Includes: Micro-USB cable, Aux plug,
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