1. Production and sales increased
synchronously. The industrial added value increased
by 14.5% to reach RMB 1.32002 trillion, accounting for 41.9%
of the national industrial total. The growth increased by 2
percentage points over that of the same period of the
previous year, and 1.9 percentage points higher than the
national average level. Meanwhile, the industrial sales
increased by 16.2% to reach RMB 4.77974 trillion, up 4
percentage points over the growth rate of the previous year
but 0.5 percentage point less than the national average
level. The ratio of sales to production was 98.4%, up
0.2 percentage point over the same period of the previous
year, and 0.4 percentage point higher than the national
average level. 2. The total profits exceeded RMB 250
billion. The total profits increased by 23.1% to
reach RMB 256.82 billion, up 7 percentage points over the
growth rate of the previous year and 2.5 percentage points
higher than the national average level. The figure was RMB
213.36 billion and 22% increase for the 22 cities in the
eastern areas, RMB 26.66 billion and 30.5% increase for the
11 cities in the central areas, and RMB 16.48 billion and
26.5% increase for the 9 cities in the western
areas. The top five cities in term of profits were
Shanghai, Shenzhen, Guangzhou, Tianjin and Beijing. The
combined profits were RMB 129.24 billion, increasing by
16.2%, and accounting for 50.3% of all the key
cities. 3.The number of lossmaking enterprises
declined as well as deficits. The number of
lossmaking enterprises accounted for 23.1% of the total,
down 1.5 percentage points. The deficits were RMB 53.89
billion, which was a 4.8% decrease from the 5.3% increase of
the previous year. The figure of enterprise deficts decrease
was 4.6% for the eastern areas, 8.5% for the central areas,
and 2.8% for the western areas. The main
characteristics of the industrial production are as
follows: The heavy industry speeded up its
growth with the gross output value up 18.5% to reach RMB
2.42153 trillion, 0.6 percentage point higher than the
growth of the first ten months. The gross output value of
the light industry increased by 14.9% to reach RMB 1.44576
trillion, unchanged from the first ten months.
The rapid production growth of the shareholding
industrial enterprises spurred on the rapid industrial
development of key cities. The gross output value of the
shareholding industrial enterprises increased by 25.6% to
reach RMB 1.20197 trillion, 10.3 percentage points higher
than the growth of the same period last year and 0.4
percentage point than that of the first ten months,
contributing 38.7% to the total production of key cities,
and drove the increase of industrial production of the key
cities by 6.8 percentage points. The ratio of
production to sales improved. The gross industrial output
value (current price) increased by 14.5% to reach RMB
4.34761 trillion, while the industrial sales increased by
14.9% to reach RMB 4.26091 trillion, up 0.8 and 0.7
percentage point over the growth of the first ten months
respectively. The ratio of production to sales was 98%, up
0.4 percentage point over the same period last year, and 0.3
percentage point higher than the national average
level. The growth rate of export wass on the
increase. The export delivery value (excluding Shenzhen)
increased by 20% to reach RMB 651.74 billion, 12.1
percentage points higher than the growth of the
corresponding period last year. The total export delivery
value of 11 cities including Shanghai and Tianjin reached
RMB 577.31 billion, accounting for 88.6% of that of all key cities.
