Group 1: Industrial Production Overview - In October, the industrial production in China showed steady progress, with the industrial added value for the first ten months increasing by 6.1% year-on-year, which is 0.3 percentage points higher than the same period last year [1] - The industrial added value in October increased by 4.9% year-on-year, with a month-on-month growth of 0.17% after seasonal adjustments [1] - Among the three major sectors, the manufacturing sector's added value grew by 4.9% in October, while mining and electricity, heat, gas, and water production and supply sectors grew by 4.5% and 5.4%, respectively [1] Group 2: Equipment Manufacturing Sector - The equipment manufacturing sector showed robust support, with an added value growth of 8.0% in October, accounting for 36.1% of the total industrial added value, an increase of 1.5 percentage points compared to the entire year of 2024 [2] - All eight industries within the equipment manufacturing sector experienced growth, with the automotive and electronics industries leading at growth rates of 16.8% and 8.9%, contributing 22.8% and 19.3% to the overall industrial growth, respectively [2] - The railway, shipbuilding, and aerospace industries have maintained double-digit growth since December 2024, with a growth rate of 15.2% in October [2] Group 3: High-Tech and Digital Manufacturing - The high-tech manufacturing and digital product manufacturing sectors saw added value growth of 7.2% and 6.7% year-on-year in October, surpassing the overall industrial growth by 2.3 and 1.8 percentage points, respectively [3] - Specific industries such as electronic materials, integrated circuits, and smart vehicle equipment manufacturing reported significant growth rates of 35.5%, 33.7%, and 28.4% [3] - The rapid development of "Artificial Intelligence+" led to a 34.0% increase in server production and a 17.7% increase in integrated circuits [3] Group 4: Traditional Industries - The petroleum processing industry experienced an 8.1% year-on-year growth in added value in October, with the biofuel processing sector growing by 19.1% [4] - The chemical fiber industry grew by 7.3%, with the bio-based materials manufacturing sector increasing by 26.3% [4] - Other traditional industries such as chemicals and coal also showed positive growth, with added value growth rates of 7.1% and 6.5%, respectively [4]
工业生产总体平稳 高质量发展扎实推进
Guo Jia Tong Ji Ju·2025-11-18 06:36