In the first half of the year, the country’s industry production kept a considerabe quick development pace. The industries above the designated scale finished an added up increase value of 3227.42 billion Yuan, 16.4% more than that at the same period last year, the increasing speed, however, was 1.3% slower. Moreover, the added value realized in June was 619.14 billion Yuan, increased by 16.8%, which was 0.2% higher than the last month.

The increasing rate (comparing to the same period of the last year) in joint-stock enterprises was the highest, attaining 18%, in the first half of the year. The rate in foreign companies and those invested by Hong Kong, Macao and Taiwan businessmen was 15.7% while those of the state-owned and collective enterprises were relatively low of 11.2% and 12.7%.

1.Bottleneck restriction of energy resources still existed, but the tension kept easing up.

In the first half of the year, the main products of energy resources increased considerably fast. The output of the raw coal from industries above the scale was 837 million tons, 9.7% more than that of the same period of the last year. The generated electricity increased by 13.2% to a level of 1128.63 billion kilowatt-hours. The crude oil and the natural gas have each increased by 4.8% and 19.7% to the amounts of 89.797 million tons and 23.85 billion steres.

The tension between the demand and supply was mitigated. Due to the large increase of the newly added installations and the considerably more water-generated electric power, the conflict between the demand and supply was eased up. According to statistics from relevant departments, the number of the limited transmission-line system of electric power at the provincial level tended to decrease, dropped from 26 in January and February to 18 in June (in May it was 11). Seen from the whole year, however, the supply condition of the country’s electric power is looking blue with large gaps; the demand and supply tension appears in the summer flood tide in East and North China still stands out. The inventory of coal increased, alleviating the pressure of the coal shortage in each main industry. According to the statistics of the state administration of coal mine safety, by the end of May, the coal inventory of the society was 110.952 million tons, slightly higher than the end of the last year. The inventories in the main coal-consuming industries like the electricity generating and metallurgy returned to the normal level. In all, the coal supply is considerably tight when considering the whole year.

2. The increasing speeds of the pivot industries like the steel and electron were considerably high, which were the main engine that drove the quick industrial growth.

In the first half of the year, the added value in metallurgy industry increased 29% comparing to the same period of the last year, contributing the most to the industrial growth, and accounting for 13.5%. The second contributor was the electron industry, the value-added of which increased by 18%, contributing 9.1%. The increasing speed of the added value in industries like the chemical industry, general equipment manufacture, cottoncracy, farm and sideline food processing and non-mental mineral products range between 18.5% and 22.9%, with their contributions accounting for 4.5% and 6.9%.

3.The main raw and processed products and part of electronic products grew fast while the increase speed of the production of important investment goods like the power plant equipments.

In the first half of the year, the production of the important raw materials kept growing with strength. The production of the raw iron, crude steel and rolled steel increased 33.1%, 28.3% and 25.9% (comparing to the same period of the last year) to amounts 154.991 million tons, 16.4864 million and 17.3119 million tons respectively. Ten kinds of non-ferrous metals contributed an increase production of 14.8% to an amount of 7.383 million tons, in which the electrolytic aluminium accounted produced 3.432 million tons (increased by 17.9%). The production of the cement and plate glass increased each by 8.2% and 14.5% to 455.651 million tons and 173.107 million weighing tanks.

Some of electronic products kept growing at a high speed. Microcomputer production amounted 34.416 millions, 61.3% more than the same period of the last year (in which the portable computer contributed 18.267 million sets, increased by 33.4%).The production of the display, printer and the mobile phone each increased by 47.9%, 33.4% and 12.2% to 68.718, 18.267 and 138.868 million sets.

In June, the increasing speed of the production of motors picked up. In the first half of the year, the country produced 3.036 million motors in total, increased by 6.5% when comparing to the same period of the last year. Specifically, the increase in June was 19.6%, (i.e. 528,000 motors), 15.6% more than the first five months. The production of the saloon car was 1.343 millions, 5.2% more than that of the same period of the last year; moreover, its production in June was 275,000 millions (i.e. an increase of 26%), 25.1% more than the first five months of the year.

Parts of pivot investment goods productions reduced their increasing pace. The productions of the utility boiler, utility turbomachine and utility water turbine were 31%, 69.4% and 24.9% more than the last year same period level, the rates fell back by 82.6, 21 and 14.8 percents. The electricity generating devices increased by 45.3%, 54.6% less than the same period rate of the last year (Specifically, the increasing rates of the hydroelectric generating set and turbogenerator units were 15.8% and 54.1%, each dropped by 103.3 and 41.4 percents). The increaseing rates of the mining equipment, metal refining equipment and rolling equipment were 29%, 6.9% and 38%, each dropped by 9.3, 33.6 and 11 percents.

4. Export kept increasing, but with a decreasing rate.

In the first half of the year, the export delivered value was 2138.61 billion Yuan, 31.5% more than the same period of the last year, which was 0.7 percent slower. It is estimated that the its contribution to the industrial growth was 22.8%, pulling up 3.7% growth of the industry. Specifically, the delivered value in June export was 403.73 billion, increased by 27.5% comparing to the last June (the increasing rate, however, was 2.7 percent lower than in this May), contributing 17% to the industrial growth, 4% less than May.

5. The sales rate of the products improved a little.

In the first half of the year, the sales rate of the products in industries above the scale was 97.54%, 0.3% more than the same period of the last year. Moreover, it was 97.77% in June, 0.18% more than the last month.