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Annual Industrial Output Data
2023
In 2023, the total value added of the industrial sector was 39,910.3 billion yuan, up by 4.2 percent over the previous year. The value added of industrial enterprises above the designated size increased by 4.6 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises was up by 5.0 percent, that of the share-holding enterprises up by 5.3 percent, that of the enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan up by 1.4 percent and that of private enterprises up by 3.1 percent. In terms of sectors, the value added of the mining industry was up by 2.3 percent, that of manufacturing up by 5.0 percent and that of production and supply of electricity, heat power, gas and water up by 4.3 percent.[1]
| Product | Unit | Output | Increase over
2022 (%) |
source |
|---|---|---|---|---|
| Yarn | 10000 tons | 2234.2 | -2.2 | [1] |
| Cloth | 100 million meters | 294.9 | -4.8 | |
| Chemical fiber | 10000 tons | 7127.0 | 10.3 | |
| Refined sugar (final product) | 10000 tons | 1270.6 | -13.2 | |
| Cigarettes | 100 million | 24427.5 | 0.4 | |
| Color TV sets | 10000 | 19339.6 | -1.3 | |
| Household refrigerators | 10000 | 9632.3 | 14.5 | |
| Air conditioners | 10000 | 24487.0 | 13.5 | |
| Crude steel | 10000 tons | 101908.1 | 0.0 | |
| Rolled steel | 10000 tons | 136268.2 | 5.2 | |
| Ten kinds of nonferrous metals
Of which: Refined copper (copper) Aluminum electrolyze |
10000 tons | 7469.8 | 7.1 | |
| 10000 tons | 1298.8 | 13.5 | ||
| 10000 tons | 4159.4 | 3.7 | ||
| Cement | 100 million tons | 20.2 | -0.7 | |
| Sulfuric acid (100%) | 10000 tons | 9580.0 | 3.4 | |
| Caustic soda (100%) | 10000 tons | 4101.4 | 3.5 | |
| Ethylene | 10000 tons | 3189.9 | 6.0 | |
| Chemical fertilizer(100 percent equivalent) | 10000 tons | 5713.6 | 5.0 | |
| Power generation equipment | 10000 kilowatts | 23442.7 | 28.5 | |
| Motor vehicles
Of which: New energy vehicles |
10000 | 3011.3 | 9.3 | |
| 10000 | 944.3 | 30.3 | ||
| Large and medium tractors | 10000 | 38.0 | -7.2 | |
| Integrated circuits | 100 million pieces | 3514.4 | 6.9 | |
| Program-controlled switchboards | 10000 lines | 507.0 | -42.6 | |
| Mobile telephones | 10000 | 156642.2 | 6.9 | |
| Micro computer equipment | 10000 | 33056.9 | -17.4 | |
| Industrial robots | 10000 sets | 43.0 | -2.2 | |
| Ultra-clear glass for solar industry | 10000 square meters | 159264.8 | 58.6 | |
| Charging piles | 10000 | 287.8 | 36.9 |
In 2023, the profits made by industrial enterprises above the designated size were 7,685.8 billion yuan, down by 2.3 percent over the previous year. By ownership, the profits of state-holding enterprises were 2,262.3 billion yuan, down by 3.4 percent over the previous year; those of share-holding enterprises were 5,677.3 billion yuan, down by 1.2 percent; those of enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan were 1,797.5 billion yuan, down by 6.7 percent; and those of private enterprises were 2,343.8 billion yuan, up by 2.0 percent. In terms of different sectors, the profits of mining were 1,239.2 billion yuan, down by 19.7 percent over the previous year; those of manufacturing were 5,764.4 billion yuan, down by 2.0 percent; and those of the production and supply of electricity, heat power, gas and water were 682.2 billion yuan, up by 54.7 percent. The cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 84.76 yuan, 0.04 yuan more than that of 2022; the profit rate of the business revenue was 5.76 percent, 0.20 percentage points down. By the end of 2023, the asset-liability ratio of industrial enterprises above the designated size was 57.1 percent, 0.1 percentage points lower than that at the end of 2022. The capacity utilization rate[24] of industrial enterprises above the designated size was 75.1 percent in 2023.[1]
2024
In 2024, the total value added of the industrial sector was 40,544.2 billion yuan, up by 5.7 percent over the previous year. The value added of industrial enterprises above the designated size increased by 5.8 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises was up by 4.2 percent, that of the share-holding enterprises up by 6.1 percent, that of the enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan up by 4.0 percent and that of private enterprises up by 5.3 percent. In terms of sectors, the value added of the mining industry was up by 3.1 percent, that of manufacturing up by 6.1 percent and that of production and supply of electricity, heat power, gas and water up by 5.3 percent.[2]
| Product | Unit | Output | Increase over
2022 (%) |
source |
|---|---|---|---|---|
| Yarn | 10000 tons | 2277.9 | 1.3 | [2] |
| Cloth | 100 million meters | 306.3 | 2.2 | |
| Chemical fiber | 10000 tons | 7910.8 | 9.7 | |
| Refined sugar (final product) | 10000 tons | 1498.6 | 17.0 | |
| Cigarettes | 100 million | 24654.6 | 0.9 | |
| Color TV sets | 10000 | 20745.4 | 4.6 | |
| Household refrigerators | 10000 | 10395.7 | 8.3 | |
| Air conditioners | 10000 | 26598.4 | 9.7 | |
| Crude steel | 10000 tons | 100509.1 | -1.7 | |
| Rolled steel | 10000 tons | 139967.4 | 1.1 | |
| Ten kinds of nonferrous metals
Of which: Refined copper (copper) Aluminum electrolyze |
10000 tons | 7918.8 | 4.3 | |
| 10000 tons | 1364.4 | 4.1 | ||
| 10000 tons | 4400.5 | 4.6 | ||
| Cement | 100 million tons | 18.3 | -9.5 | |
| Sulfuric acid (100%) | 10000 tons | 10369.9 | 6.9 | |
| Caustic soda (100%) | 10000 tons | 4365.7 | 5.5 | |
| Ethylene | 10000 tons | 3493.4 | 0.7 | |
| Chemical fertilizer(100 percent equivalent) | 10000 tons | 6006.1 | 8.5 | |
| Power generation equipment | 10000 kilowatts | 28433.9 | 16.0 | |
| Motor vehicles
Of which: New energy vehicles |
10000 | 3155.9 | 4.8 | |
| 10000 | 1316.8 | 38.7 | ||
| Integrated circuits | 100 million pieces | 4514.2 | 22.2 | |
| Mobile telephones | 10000 | 166952.9 | 7.8 | |
| Micro computer equipment | 10000 | 33912.9 | 2.7 | |
| Industrial robots | 10000 sets | 55.6 | 14.2 | |
| Ultra-clear glass for solar industry | 10000 square meters | 287884.5 | 53.5 | |
| Charging piles | 10000 | 469.7 | 58.7 | |
| Smart watches | 10000 | 8095.4 | 5.4 | |
| Virtual reality devices | 10000 | 836.6 | 59.4 |
In 2024, the profits made by industrial enterprises above the designated size were 7,431.1 billion yuan, down by 3.3 percent over the previous year. By ownership, the profits of state-holding enterprises were 2,139.7 billion yuan, down by 4.6 percent over the previous year; those of share-holding enterprises were 5,616.6 billion yuan, down by 3.6 percent; those of enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan were 1,763.8 billion yuan, down by 1.7 percent; and those of private enterprises were 2,324.6 billion yuan, up by 0.5 percent. In terms of different sectors, the profits of mining were 1,127.2 billion yuan, down by 10.0 percent over the previous year; those of manufacturing were 5,514.1 billion yuan, down by 3.9 percent; and those of the production and supply of electricity, heat power, gas and water were 789.8 billion yuan, up by 14.5 percent. The cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 85.16 yuan, 0.36 yuan more than that of 2023; the profit rate of the business revenue was 5.39 percent, 0.30 percentage points down. By the end of 2024, the asset-liability ratio of industrial enterprises above the designated size was 57.5 percent, 0.1 percentage points higher than that at the end of 2023. The capacity utilization rate[24] of industrial enterprises above the designated size was 75.0 percent in 2024.[2]
- ^ a b c "STATISTICAL COMMUNIQUÉ OF THE PEOPLE'S REPUBLIC OF CHINA ON THE 2023 NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT". www.stats.gov.cn. Retrieved 2025-03-20.
- ^ a b c "STATISTICAL COMMUNIQUÉ OF THE PEOPLE'S REPUBLIC OF CHINA ON THE 2024 NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT". www.stats.gov.cn. Retrieved 2025-03-27.