First half of the industrial economic operation has stabilized

This year, the face of the complicated and grim economic environment at home and abroad as well as traditional industrial restructuring brought about by downward pressure, the State Council correctly grasp the trend, scientific decision-making, precise control, Duocuobingju industrial economy to the good overall showing stabilization operational state, the most prominent: the production stabilization, near-optimal structure, efficiency is getting better.
Industrial production showed stabilization of the situation
In the first half, above-scale industrial added value increased by 6%, the growth rate of the previous year. From nearly four quarter situation, within the 2015 third and fourth quarter growth of industrial production were 5.9% in the second quarter this year, an increase of 5.8% and 6.1%, respectively, for four consecutive quarters in a small range around 6% fluctuation, showing industrial production growth significantly enhanced stability. From the relevant indicators in the first half of industrial growth in electricity demand of 0.5%, 0.3 percentage points faster than the first quarter, the first half of last year fell 0.4%.
Further increase in the number of industrial products to maintain growth. It is well known industrial enterprises in production activities are mainly processing and manufacturing all kinds of different products for the essence of social service, a measure of industrial production growth is to reflect the change in volume of industrial products. According to the 567 kinds of major industrial products in kind production statistics, the number of products in 2015 to achieve production growth of 286 species, accounting for 50.4% in the first half of this year, the number of products reached 361 kinds of growth, accounting for 63.7%, the number increased significantly, indicating support stable growth of industrial production strength has been enhanced.
Exports improved. China is the world largest trading nation, is also a major exporter of industrial products, the international financial crisis has led to the decline of the world economic downturn, weak demand have a direct negative impact on China's exports of industrial products. By 2015, China's exports of industrial products declined, the export delivery value of industrial enterprises fell by 1.8%. This year, exports of industrial products showed low upward trend in the first half of the delivery value of exports fell 0.7 percent, a decline narrowed by 1.1 percentage points, which in the second quarter rose 0.8 percent, after four consecutive quarters of decline in the first positive growth.
Small and micro businesses boom of the rise. According to more than 40,000 small and micro industrial business survey in the second quarter, small and micro business climate index was 90.6, 3.4 point rise in the first quarter, although some seasonal factors (in the first quarter by the impact of the Spring Festival, sentiment generally lowest during the year ), but the rise is higher than in previous years.
Continue to optimize the industrial structure
Traditional industries continue to adjust production capacity to the effectiveness of previews. In the first half, mining industry production increased 0.1%, far below the above-scale industrial growth, which in the second quarter after falling 1.6%; six high energy-consuming industries increased by 6.2 percent, down by 0.1 and 1.3 respectively, compared with 2015 and 2014 percentage point. The proportion of the mining industry in the industry continue to reduce the high energy-consuming industries are at a low level in recent years, indicating that the development of industrial production over-reliance on the resource situation is significantly improved. With the national orderly supply side structural reforms to promote the industrial sector to the production paying off. In the first half, to resolve the overcapacity in key industries, coal production fell 9.7%, crude steel production fell 1.1%. In addition, electrolytic aluminum production fell 1.9 percent, cement, plate glass, up 3.2% and 1%, respectively, the growth rate was significantly lower than the overall level of the industry.
Market demand for the consumer goods industry to the good growth momentum steady, stable growth of industrial production has become an important base of power. In the second quarter, consumer goods manufacturing industry grew 5.1% first quarter growth rate was 1.2 percentage points. The main production of consumer goods from the first half, the number of residents with daily consumption of food and clothing-related products have maintained a good momentum of growth.
The rapid development of high-tech industries, speed up industrial move to high-end. In recent years, as China's industrial restructuring, accelerate the pace of transformation and upgrading. Accelerate the development of strategic emerging industries. The first half-year strategic emerging industry including energy conservation and environmental protection industry, a new generation of information technology, bio-industry, high-end equipment manufacturing, new energy industry, new materials industry, new energy vehicles, including an increase of 11%, higher than the full scale 5 percentage points above industry; wherein, in the second quarter grew 11.8%, 1.8 percentage points than the first quarter. High-tech industry to maintain rapid growth.
Tend to improve enterprise efficiency
Capitalized by the fall in corporate profits. From January to May, the national scale industrial enterprises realized a total profit of 2.38164 trillion yuan, an increase of 6.4%, and the monthly average profit growth, profits continued to decline last year, reversing the situation (in 2015 over the previous year profits of industrial enterprises decreased 2.3 %). From the industry perspective, 41 major categories of industrial sectors, 32 industry profits increased more than in 2015 3.
Inventory levels continue to decrease. The end of May, the industrial enterprises above designated size of finished goods inventories fell 1.1%, has two consecutive months of negative growth. Decline in business inventories adjustments, will help to improve the stable development of industrial products supply and demand structure and the next phase of the industrial economy.
Asset-liability ratio continued to decline. The end of May, the industrial enterprises above designated size of assets and liabilities was 56.8%, down 0.5 percentage point decline in the first quarter expanded 0.2 percentage points at the end. 41 major categories of industrial sectors, 26 industry asset-liability ratio decreased to varying degrees. Asset-liability ratio decreased help enterprises reduce risk, achieve healthy development.
The effect of reducing burdens appear. Benefit from the gradual implementation of a series of national policy of cost reduction and efficiency, increase business costs decline further. From January to May, industrial enterprises above designated size main business income per hundred dollars of the cost of 85.73 yuan, down 0.22 yuan over the previous year. Corporate finance fees fell 3.5%, fell further increase over the first quarter. Industrial small micro-enterprise financing costs continue to decrease in the second quarter of small and micro enterprises to obtain bank loans, the annual interest rate of about 6.17% and expenses, reduced 0.72 percentage points over the same period last year, the lowest since 2012.
Overall, the CPC Central Committee under the guidance of the concept of the five development in the series of policy measures to expand the role of moderate aggregate demand and supply-side structural reforms, the industrial economy has stabilized to the good development trend. Production stabilization, structural optimization, efficiency improvement, especially in new industries to accelerate growth of new products has become an important force supporting the steady growth of industry, played an effective role in promoting the new engine of the new kinetic energy, industrial restructuring, power conversion, transformation and upgrading is there order to advance. The next phase, with the implementation of various reform measures and deepening the overall industrial economy will remain generally stable, steady progress, steady good development trend. (National Bureau of Industry Secretary Zhang Weihua)