Ministry of Industry and Information Technology Releases April: Equipment Manufacturing Investment Maintains Rapid Growth

The Ministry of Industry and Information Technology released the national industrial production situation in April. In April 2011, the industrial growth rate fell sharply. In April, the added value of industrial enterprises above designated size increased by 13.4% year-on-year; it increased by 0.93% compared to the previous period. From January to April, the industrial added value increased by 14.2% year-on-year.

The growth rate of light and heavy industries all declined. In April, the value added of the light and heavy industries increased by 11.9% and 14% respectively year-on-year. From January to April, the value added of light and heavy industries increased by 12.9% and 14.7% respectively year-on-year.

The growth rate of the six high energy-consuming industries has obviously slowed down. In April, the six high energy-consuming industries increased by 12% year-on-year. Among them, the non-metallic mineral products industry, petroleum processing coking and nuclear fuel processing industries grew by 18.1% and 8.2% respectively; the power heating production and supply industry increased by 11.7%; chemical raw materials and chemical products manufacturing, ferrous metal smelting and rolling processing industries. Increased by 13.9% and 8.5%; Non-ferrous metal smelting and rolling processing industry 12.5%.

Exports of industrial products maintained rapid growth. In April, the export delivery value of industrial products increased by 20.1% year-on-year; among them, the export delivery value of light industry and textile industry increased by 23.1% and 20.2% respectively; the electronics industry increased by 14.5%; the machinery industry increased by 26.2%.

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