China's high-energy-consuming industries rebounded in November

The Ministry of Industry and Information Technology announced on the 15th the November industrial production and operation situation. Statistics show that the industrial added value above designated size increased by 13.3% year-on-year in November, and the growth rate dropped by 5.9 percentage points from the same period of last year. Among them, the six high energy-consuming industries rebounded slightly.
From January to November, the industrial added value above designated size increased by 15.8% year-on-year. In terms of sub-industries, light industry production remained stable in November, and the growth rate of heavy industry production accelerated; the growth rate of raw material industry rose slightly; the growth rate of the equipment industry accelerated significantly; the consumer goods industry operated smoothly; and the electronic manufacturing industry grew steadily and rapidly.
The growth rate of high-energy-consuming industries rebounded slightly. In November, the value-added of the six high-energy-consuming industries increased by 9.6% year-on-year, 0.3 percentage points higher than that of the previous month, and the rebound rate was 0.1% higher than that of all industries. The six major industries are: non-ferrous metal smelting and rolling processing industry, ferrous metal smelting and rolling processing industry, non-metallic mineral products industry, petroleum processing coking and nuclear fuel processing industry, electric heating production and supply industry, chemical raw materials and chemical products manufacturing. industry.
The Ministry of Industry and Information Technology also mentioned that the export delivery value of industrial products in November increased by 20.8% year-on-year, 0.9 percentage points lower than the previous month. The growth rate of power generation also continued to fall. In November, the output of industrial enterprises above designated size increased by 5.6% year-on-year, 0.3 percentage points lower than the previous month.

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