Bureau of Statistics: The decline in industrial production growth in November was mainly affected by three industries
On December 14th, Chinanews.com reported that the reason behind the fall in the growth rate of industrial production in November was that the reason for the fall was from the composition of the three industries, including the automobile industry. influences. On the morning of the 14th, the State Council held a press conference. Mao Shengyong, director of the National Bureau of Statistics of the National Economic Statistics and spokesperson of the National Bureau of Statistics, introduced the national economy in November 2018 and answered questions from reporters.
A reporter asked that the growth rate of industrial production in November was relatively large. What is the reason behind this? How do you analyze?
Mao Shengyong responded that if you look at the performance of the industry, it will be more objective and accurate to look at it continuously. In the first 11 months, the growth rate of industrial enterprises above designated size was 6.3%, which was basically the same as that in January-October, and fell slightly by 0.1%. Of course, as far as November is concerned, the growth rate has dropped by 0.5 percentage points compared with October. The reason for the decline is mainly influenced by several industries. The first is that the growth rate of the automobile industry has dropped down the industrial growth rate. The second is that there has been a wave of fluctuations in global oil prices in November. The growth rate of the petrochemical industry related to it has slowed down markedly. The third is the slowdown of the electronics industry. More. Therefore, the combination of these three industries has created certain pressure on the growth rate of industries above designated size in November. Although the overall growth rate of the industry has slowed down, there are many bright spots. For example, the structure, including high-tech manufacturing, equipment manufacturing, and strategic emerging industries representing high-end manufacturing industries continue to maintain rapid growth.
Mao Shengyong said that the next step, on the one hand, the external environment variables may create certain uncertainty and pressure for industrial growth. On the other hand, from the inside, there are many factors that can support the smooth operation of the industry. For example, the domestic economy is still in a condition to maintain steady growth and smooth operation. The policies to promote the development of the manufacturing industry, promote the development of private enterprises, and promote the high-quality development of the manufacturing industry are being continuously implemented. The effect of the “six stable” policy will be further effective next year, and the effect of tax reduction and fee reduction will be further developed next year. Therefore, from the domestic point of view, there are still many favorable factors supporting the manufacturing industry and supporting industrial growth, so the industry can maintain relatively stable growth next year.
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