Last year, the added value of industrial enterprises above designated size increased by 9.7% year-on-year.

The National Bureau of Statistics released data showing that from January to December 2013, the added value of industrial enterprises above the designated size increased by 9.7% year-on-year, meeting expectations. This marked a slight decline of 0.3 percentage points compared to November, reaching a five-month low. In December alone, the growth rate improved slightly by 0.71% compared to the previous month. The sales rate of industrial enterprises in December stood at 99.1%, a decrease of 0.4 percentage points from the same period in the previous year. Meanwhile, the export value of these enterprises reached 1,067.2 billion yuan, reflecting a nominal increase of 5.8% year-on-year. Looking at different economic sectors, state-owned and state-owned holding companies saw an 8.3% year-on-year increase in value added, while collective enterprises grew by 3.4%. Joint-stock enterprises recorded a stronger performance with a 10.8% rise, and foreign-invested enterprises from Hong Kong, Macao, and Taiwan also showed growth of 8.9%. In terms of industry categories, the manufacturing sector led the way with a 10.7% year-on-year increase, followed by the electricity, heat, gas, and water production and supply industries at 6.0%. The mining sector saw a 5.4% growth. Out of the 41 major industries, 40 experienced growth in December, with notable increases in sectors such as textiles (6.3%), chemical raw materials and products (12.6%), non-metallic mineral products (9.1%), ferrous metal smelting and rolling (7.7%), general equipment manufacturing (8.2%), transportation equipment (9.0%), electrical machinery (11.0%), and electronic equipment (11.8%). Regionally, the eastern region reported an 8.9% increase, the central region saw a higher growth of 10.5%, and the western region led with an 11.3% rise in value added. In terms of specific products, 307 out of 464 products showed year-on-year growth. Key highlights included power generation of 478 billion kWh (up 8.3%), steel output of 90.41 million tons (up 10.3%), cement production of 205.29 million tons (up 10.8%), and automobile production of 2.298 million units (up 22.8%). Other significant increases were observed in cars (1.271 million, up 20.1%) and ethylene (1.53 million tons, up 15.1%).

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