The value added of the mining industry above designated size increased by 1.7% year-on-year in the first half of the year!
Jul 22,2023
The State Council Information Office held a press conference on July 17 to introduce the performance of the national economy in the first half of 2023 and answer questions from reporters. Reporters learned from the press conference that in the first half of the year, the added value of industrial enterprises above designated size nationwide increased by 3.8% year-on-year. Among them, the added value of the mining industry increased by 1.7% year-on-year.
At the press conference, Fu Linghui, spokesperson for the National Bureau of Statistics and Director of the Department of Comprehensive Statistics of National Economy, stated that China's economy has generally recovered and improved in the first half of this year, showing an overall upward trend. Among them, the effectiveness of green transformation has become apparent. The pace of green energy development has accelerated, green production and lifestyle are rapidly taking shape, and the synergistic development effects of green transformation and economic growth are continuously emerging. In the first half of the year, the output of new energy products such as new energy vehicles, solar cells, and charging piles increased by 35%, 54.5%, and 53.1% respectively. Exports of the "new three" products, represented by lithium batteries, solar cells, and electric manned vehicles, increased by 61.6%. In the first half of the year, investment in clean electricity increased by 40.5% year-on-year, with solar power generation investment increasing by 84.4% and wind power generation investment increasing by 16%.
Data released by the National Bureau of Statistics on the same day showed that, regarding the output of major mineral products, the production of major energy products by industrial enterprises above designated size maintained year-on-year growth in the first half of the year. Raw coal production reached 2.3 billion tons, an increase of 4.4% year-on-year. Crude oil production reached 105.05 million tons, an increase of 2.1% year-on-year. Natural gas production reached 115.5 billion cubic meters, an increase of 5.4% year-on-year. Production of ten non-ferrous metals reached 36.38 million tons, an increase of 8% year-on-year.
In terms of fixed asset investment, investment in the mining industry increased by 0.8% year-on-year in the first half of the year. Investment in the three major downstream sectors of the mining industry was as follows: manufacturing investment increased by 6% year-on-year, infrastructure investment (excluding electricity, heat, gas, and water production and supply industries) increased by 7.2% year-on-year, and national real estate development investment decreased by 7.9% year-on-year.
Regarding capacity utilization, in the first half of the year, the capacity utilization rate of the mining industry was 75%, a year-on-year decrease of 1.9 percentage points. Among them, coal mining and washing industry was 74.1%, a year-on-year decrease of 0.5 percentage points. Oil and natural gas extraction industry was 91%, a year-on-year decrease of 1.4 percentage points. Non-metallic mineral products industry was 64.5%, a year-on-year decrease of 1.8 percentage points. Ferrous metal smelting and rolling processing industry was 78.5%, a year-on-year increase of 0.4 percentage points. Non-ferrous metal smelting and rolling processing industry was 79%, flat year-on-year.
This article was originally published on page 1 of "China Mining News" on July 19. (If there is any infringement, etc., please contact the backend to delete it.)
