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History

The First Five-Year Plan of the People's Republic of China, implemented beginning in 1953, established a development strategy that prioritized heavy industry as the foundation for national industrialization. During this period, the Soviet Union assisted China with 156 major industrial projects, of which 150 were put into actual construction. These included 44 military industrial enterprises—comprising 12 in the aviation industry, 10 in the electronics industry, 16 in the ordnance industry, 2 in the aerospace industry, and 4 in shipbuilding. Additionally, 20 metallurgical enterprises were built, including 7 in the steel industry and 13 in non-ferrous metals. The plan also encompassed 7 chemical industry enterprises, 24 machinery manufacturing enterprises, and 52 energy-related enterprises—25 in the coal industry, 25 in the power industry, and 2 in petroleum. Moreover, 3 projects were dedicated to light industry and pharmaceuticals.

The primary objective of these projects was to lay the groundwork for a relatively complete basic industrial system and a national defense industrial base. Centered around the 156 projects, the industrialization drive under the First Five-Year Plan significantly accelerated China's industrial development. It helped elevate the country’s industrial technology level from a status nearly a century behind advanced industrial nations before 1949 to a level comparable with that of the 1940s.

Annual Industrial Output Data

2014

The industrial production grew steadily. In 2014, the total value added of the industrial sector was 22,799.1 billion yuan, up by 7.0 percent over the previous year. The value added of industrial enterprises above the designated size increased by 8.3 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-owned and state-holding enterprises grew by 4.9 percent, that of the collective enterprises went up by 1.7 percent, that of the share-holding enterprises increased by 9.7 percent, that of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan soared by 6.3 percent and that of private enterprises grew by 10.2 percent. In terms of the sectors, the value added of the mining industry grew by 4.5 percent, that of manufacturing by 9.4 percent and that of the production and supply of electric power, heat power, gas and water by 3.2 percent.[1]

Output of Major Industrial Products and the Growth Rates in 2014
Product Unit Output Increase over

2013(%)

source
Yarn 10000 tons 3379.2 5.6 [1]
Cloth 100 million meters 893.7 -0.4
Chemical fiber 10000 tons 4389.8 5.5
Refined sugar (final product) 10000 tons 1642.7 3.1
Cigarettes 100 million 26098.5 1.9
Color TV sets 10000 14128.9 10.9
Of which:  LCD TV sets 10000 13865.9 13.3
Household refrigerators 10000 8796.1 -5.0
Room air conditioners 10000 14463.3 10.7
Total primary energy production 100 million tons of standard coal equivalent 36.0 0.5
Coal 100 million tons 38.7 -2.5
Crude petroleum oil 10000 tons 21142.9 0.7
Natural gas 100 million cubic meters 1301.6 7.7
Electricity 100 million kilowatt-hours 56495.8 4.0
Of which: Thermal power 100 million kilowatt-hours 42337.3 -0.3
Hydropower 100 million kilowatt-hours 10643.4 15.7
Nuclear-power 100 million kilowatt-hours 1325.4 18.8
Crude steel 10000 tons 82269.8 1.2
Rolled steel 10000 tons 112557.2 4.0
Ten kinds of nonferrous metals 10000 tons 4380.1 7.4
 Of which:  Refined copper (copper) 10000 tons 764.4 15.0
 Aluminum electrolyze 10000 tons 2435.8 10.3
Aluminum oxide 10000 tons 4777.3 7.3
Cement 100 million tons 24.8 2.3
Sulfuric acid (100%) 10000 tons 8846.3 8.5
Soda ash 10000 tons 2514.2 3.4
Caustic soda (100%) 10000 tons 3059.0 4.5
Ethylene 10000 tons 1696.7 6.1
Chemical fertilizers

 (100 percent equivalent)

10000 tons 6887.2 -2.0
Power generation equipment 10000 kilowatts 15053.0 6.0
Motor vehicles 10000 2372.5 7.3
Of which:  Basic passenger cars (cars) 10000 1248.3 3.1
Large and medium tractors 10000 64.4 -3.3
Integrated circuits 100 million pieces 1015.5 12.4
Program-controlled switchboards 10000 lines 3123.1 15.7
Mobile telephones 10000 162719.8 6.8
Micro-computers 10000 35079.6 -0.8

The profits made by the industrial enterprises above the designated size in 2014 were 6,471.5 billion yuan, an increase of 3.3 percent over the previous year. Of this total, the profits of the state-owned and state-holding enterprises were 1,400.7 billion yuan, down by 5.7 percent; that of the collective enterprises were 53.8 billion yuan, up by 0.4 percent; that of the share-holding enterprises 4,296.3 billion yuan, up by 1.6 percent; that of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan 1,597.2 billion yuan, up by 9.5 percent; and that of private enterprises were 2,232.3 billion yuan, a rise of 4.9 percent.[1]

2015

In 2015, the total value added of the industrial sector was 22,897.4 billion yuan, up by 5.9 percent over the previous year. The value added of industrial enterprises above the designated size increased by 6.1 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises grew by 1.4 percent, that of the collective enterprises up by 1.2 percent, that of the share-holding enterprises up by 7.3 percent, that of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan up by 3.7 percent and that of private enterprises up by 8.6 percent. In terms of sectors, the value added of the mining industry grew by 2.7 percent, that of manufacturing up by 7.0 percent and that of the production and supply of electricity, heat power, gas and water rose by 1.4 percent.[2]

Output of Major Industrial Products and Their Growth Rates in 2015
Product Unit Output Increase over

2014(%)

source
Yarn 10000 tons 3538.0 4.7 [2]
Cloth 100 million meters 892.6 -0.1
Chemical fiber 10000 tons 4831.7 10.1
Refined sugar (final product) 10000 tons 1474.1 -10.3
Cigarettes 100 million 25890.7 -0.8
Color TV sets 10000 14475.7 2.5
Of which:  LCD TV sets 10000 14391.9 3.8
Of which: Smart TV sets 10000 8383.5 14.9
Household refrigerators 10000 7992.8 -9.1
Air conditioners 10000 14200.4 -1.8
Primary energy output 100 million tons of standard coal equivalent 36.2 0.0
Coal 100 million tons 37.5 -3.3
Crude petroleum oil 10000 tons 21455.6 1.5
Natural gas 100 million cubic meters 1346.1 3.4
Electricity 100 million kilowatt-hours 58105.8 0.3
Of which: Thermal power 100 million kilowatt-hours 42420.4 -2.7
Hydropower 100 million kilowatt-hours 11264.2 5.0
Nuclear-power 100 million kilowatt-hours 1707.9 28.9
Crude steel 10000 tons 80382.5 -2.2
Rolled steel 10000 tons 112349.6 -0.1
Ten kinds of nonferrous metals 10000 tons 5155.8 6.8
 Of which:  Refined copper (copper) 10000 tons 796.2 4.2
 Aluminum electrolyze 10000 tons 3141.0 8.8
Cement 100 million tons 23.6 -5.3
Sulfuric acid (100%) 10000 tons 8975.7 0.8
Caustic soda (100%) 10000 tons 3020.7 -1.4
Ethylene 10000 tons 1714.6 1.1
Chemical fertilizers

 (100 percent equivalent)

10000 tons 7432.0 8.1
Power generation equipment 10000 kilowatts 12431.4 -17.4
Motor vehicles 10000 2450.4 3.3
Of which:  Basic passenger cars (cars) 10000 1163.0 -6.8
Sport utility vehicles (SUVs) 10000 602.4 48.0
Of which: New energy cars 10000 32.8 161.2
Large and medium tractors 10000 68.8 6.9
Integrated circuits 100 million pieces 1087.2 7.1
Program-controlled switchboards 10000 lines 1880.3 -12.5
Mobile telephones 10000 181261.4 7.8
Of which: Smart phones 10000 139943.1 11.3
Micro computer equipment 10000 31418.7 -10.4
Industrial robots sets 32996.0 21.7

The profits made by the industrial enterprises above the designated size in 2015 were 6,355.4 billion yuan, a decrease of 2.3 percent over the previous year. Of this total, the profits of state-holding enterprises were 1,094.4 billion yuan, down by 21.9 percent; those of collective enterprises were 50.8 billion yuan, down by 2.7 percent; those of share-holding enterprises 4,298.1 billion yuan, down by 1.7 percent; those of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan 1,572.6 billion yuan, down by 1.5 percent; and those of private enterprises were 2,322.2 billion yuan, a rise of 3.7 percent. In terms of different sectors, the profit of mining was 260.4 billion yuan, down by 58.2 percent compared with the previous year; those of manufacturing 5,560.9 billion yuan, up by 2.8 percent; those of the production and supply of electricity, heat power, gas and water 534.1 billion yuan, up by 13.5 percent.[2]

2016

In 2016, the total value added of the industrial sector was 24,786.0 billion yuan, up by 6.0 percent over the previous year. The value added of industrial enterprises above the designated size increased by 6.0 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises grew by 2.0 percent, that of the collective enterprises down by 1.3 percent, that of the share-holding enterprises up by 6.9 percent, that of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan up by 4.5 percent and that of private enterprises up by 7.5 percent. In terms of sectors, the value added of the mining industry dropped by 1.0 percent, that of manufacturing up by 6.8 percent and that of the production and supply of electricity, heat power, gas and water rose by 5.5 percent.[3]

Output of Major Industrial Products and Their Growth Rates in 2016
Product Unit Output Increase over

2015(%)

source
Yarn 10000 tons 3732.6 5.5 [3]
Cloth 100 million meters 906.8 1.6
Chemical fiber 10000 tons 4943.7 2.3
Refined sugar (final product) 10000 tons 1443.3 -2.1
Cigarettes 100 million 23825.8 -8.0
Color TV sets 10000 15769.6 8.9
Of which:  LCD TV sets 10000 15713.6 9.2
Of which: Smart TV sets 10000 9310.1 11.1
Household refrigerators 10000 8481.6 6.1
Air conditioners 10000 14342.4 1.0
Primary energy output 100 million tons of standard coal equivalent 34.6 -4.2
Coal 100 million tons 34.1 -9.0
Crude petroleum oil 10000 tons 19968.5 -6.9
Natural gas 100 million cubic meters 1368.7 1.7
Electricity 100 million kilowatt-hours 61424.9 5.6
Of which: Thermal power 100 million kilowatt-hours 44370.7 3.6
Hydropower 100 million kilowatt-hours 11933.7 5.6
Nuclear-power 100 million kilowatt-hours 2132.9 24.9
Crude steel 10000 tons 80836.6 0.6
Rolled steel 10000 tons 113801.2 1.3
Ten kinds of nonferrous metals 10000 tons 5310.3 3.0
Of which:  Refined copper (copper) 10000 tons 843.6 6.0
 Aluminum electrolyze 10000 tons 3187.3 1.5
Cement 100 million tons 24.1 2.3
Sulfuric acid (100%) 10000 tons 8889.1 -1.0
Caustic soda (100%) 10000 tons 3283.9 8.7
Ethylene 10000 tons 1781.1 3.9
Chemical fertilizers

 (100 percent equivalent)

10000 tons 7128.6 -4.1
Power generation equipment 10000 kilowatts 13218.4 6.3
Motor vehicles 10000 2811.9 14.8
Of which:  Basic passenger cars (cars) 10000 1211.1 4.1
Sport utility vehicles (SUVs) 10000 914.4 51.8
Of which: New energy cars 10000 45.9 40.0
Large and medium tractors 10000 63.0 -8.5
Integrated circuits 100 million pieces 1318.0 21.2
Program-controlled switchboards 10000 lines 1457.7 -22.5
Mobile telephones 10000 205819.3 13.6
Of which: Smart phones 10000 153764.1 9.9
Micro computer equipment 10000 29008.5 -7.7
Industrial robots sets 72426.0 30.4

The profits made by the industrial enterprises above the designated size in 2016 were 6,880.3 billion yuan, an increase of 8.5 percent over the previous year. By ownership, the profits of state-holding enterprises were 1,175.1 billion yuan, up by 6.7 percent; those of collective enterprises were 47.7 billion yuan, down by 4.2 percent; those of share-holding enterprises 4,719.7 billion yuan, up by 8.3 percent; those of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan 1,735.2 billion yuan, up by 12.1 percent; and those of private enterprises were 2,432.5 billion yuan, a rise of 4.8 percent. In terms of different sectors, the profit of mining was 182.5 billion yuan, down by 27.5 percent compared with the previous year; those of manufacturing 6,239.8 billion yuan, up by 12.3 percent; those of the production and supply of electricity, heat power, gas and water 458.0 billion yuan, down by 14.3 percent. In 2016, the cost for per-hundred-yuan turnover of principal activities was 85.52 yuan, 0.1 yuan less than that of the previous year. At the end of 2016, the asset-liability ratio of the industrial enterprises above the designated size was 55.8 percent, 0.4 percentage point less than that at the end of 2015.[3]

2017

In 2017, the total value added of the industrial sector was 27,999.7 billion yuan, up by 6.4 percent over the previous year. The value added of industrial enterprises above the designated size increased by 6.6 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises grew by 6.5 percent, that of the collective enterprises up by 0.6 percent, that of the share-holding enterprises up by 6.6 percent, that of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan up by 6.9 percent and that of private enterprises up by 5.9 percent. In terms of sectors, the value added of the mining industry was down by 1.5 percent, that of manufacturing up by 7.2 percent and that of production and supply of electricity, heat power, gas and water up by 8.1 percent.[4]

Output of Major Industrial Products and Their Growth Rates in 2017
Product Unit Output Increase over

2016(%)

source
Yarn 10000 tons 4050.0 8.5 [4]
Cloth 100 million meters 868.1 -4.3
Chemical fiber 10000 tons 4919.6 0.7
Refined sugar (final product) 10000 tons 1470.6 1.9
Cigarettes 100 million 23448.3 -1.6
Color TV sets 10000 15932.6 1.0
Of which:  LCD TV sets 10000 15755.9 0.3
Household refrigerators 10000 8548.4 0.8
Air conditioners 10000 17861.5 24.5
Primary energy output 100 million tons of standard coal equivalent 35.9 3.6
Coal 100 million tons 35.2 3.3
Crude petroleum oil 10000 tons 19150.6 -4.1
Natural gas 100 million cubic meters 1480.3 8.2
Electricity 100 million kilowatt-hours 64951.4 5.9
Of which: Thermal power 100 million kilowatt-hours 46627.4 5.1
Hydropower 100 million kilowatt-hours 11898.4 0.5
Nuclear-power 100 million kilowatt-hours 2480.7 16.3
Crude steel 10000 tons 83172.8 3.0
Rolled steel 10000 tons 104958.8 0.1
Ten kinds of nonferrous metals 10000 tons 5501.0 2.9
 Of which:  Refined copper (copper) 10000 tons 897.0 6.3
 Aluminum electrolyze 10000 tons 3329.0 2.0
Cement 100 million tons 23.4 -3.1
Sulfuric acid (100%) 10000 tons 9212.9 0.9
Caustic soda (100%) 10000 tons 3365.2 5.1
Ethylene 10000 tons 1821.8 2.3
Chemical fertilizers

 (100 percent equivalent)

10000 tons 6184.3 -6.7
Power generation equipment 10000 kilowatts 11830.4 -9.8
Motor vehicles 10000 2901.8 3.2
Of which:  Basic passenger cars (cars) 10000 1194.5 -1.4
Sport utility vehicles (SUVs) 10000 1004.7 9.9
Large and medium tractors 10000 41.8 -32.4
Integrated circuits 100 million pieces 1564.6 18.7
Program-controlled switchboards 10000 lines 1240.8 -14.9
Mobile telephones 10000 188982.4 2.2
Micro computer equipment 10000 30678.4 5.8

2018

In 2018, the total value added of the industrial sector was 30,516.0 billion yuan, up by 6.1 percent over the previous year. The value added of industrial enterprises above the designated size increased by 6.2 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises grew by 6.2 percent, that of the share-holding enterprises up by 6.6 percent, that of the enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan up by 4.8 percent and that of private enterprises up by 6.2 percent. In terms of sectors, the value added of the mining industry was up by 2.3 percent, that of manufacturing up by 6.5 percent and that of production and supply of electricity, heat power, gas and water up by 9.9 percent.[5]

Output of Major Industrial Products and Growth Rates in 2018
Product Unit Output Increase over

2017 (%)

source
Yarn 10000 tons 2958.9 -7.3 [5]
Cloth 100 million meters 657.3 -4.9
Chemical fiber 10000 tons 5011.1 2.7
Refined sugar (final product) 10000 tons 1524.1 3.5
Cigarettes 100 million 23358.7 -0.4
Color TV sets 10000 18834.8 18.2
Of which:  LCD TV sets 10000 18825.2 19.5
Household refrigerators 10000 7993.2 -3.9
Air conditioners 10000 20486.0 14.7
Primary energy output 100 million tons of standard coal equivalent 37.7 5.0
Coal 100 million tons 36.8 4.5
Crude petroleum oil 10000 tons 18910.6 -1.3
Natural gas 100 million cubic meters 1602.7 8.3
Electricity 100 million kilowatt-hours 71117.7 7.7
Of which: Thermal power 100 million kilowatt-hours 50738.6 6.7
Hydropower 100 million kilowatt-hours 12342.3 3.0
Nuclear-power 100 million kilowatt-hours 2943.6 18.7
Crude steel 10000 tons 92800.9 6.6
Rolled steel 10000 tons 110551.7 5.6
Ten kinds of nonferrous metals 10000 tons 5702.7 3.7
 Of which:  Refined copper (copper) 10000 tons 902.9 0.7
 Aluminum electrolyze 10000 tons 3580.2 7.5
Cement 100 million tons 22.1 -5.3
Sulfuric acid (100%) 10000 tons 9129.8 -0.9
Caustic soda (100%) 10000 tons 3420.2 2.7
Ethylene 10000 tons 1841.0 1.1
Chemical fertilizers

 (100 percent equivalent)

10000 tons 5424.4 -7.9
Power generation equipment 10000 kilowatts 10600.5 -10.3
Motor vehicles 10000 2781.9 -4.1
Of which:  Basic passenger cars (cars) 10000 1160.1 -2.9
Sport utility vehicles (SUVs) 10000 927.4 -7.7
Large and medium tractors 10000 24.3 -29.3
Integrated circuits 100 million pieces 1739.5 11.2
Program-controlled switchboards 10000 lines 1006.6 7.3
Mobile telephones 10000 179846.4 -4.8
Micro computer equipment 10000 30700.2 0.1
Industrial robots 10000 sets 14.8 6.4

In 2018, the profits made by industrial enterprises above the designated size were 6,635.1 billion yuan, up by 10.3 percent over the previous year. By ownership, the profits of state-holding enterprises were 1,858.3 billion yuan, up by 12.6 percent over the previous year; those of share-holding enterprises were 4,697.5 billion yuan, up by 14.4 percent; those of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan were 1,677.6 billion yuan, up by 1.9 percent; and those of private enterprises was 1,713.7 billion yuan, up by 11.9 percent. In terms of different sectors, the profits of mining were 524.6 billion yuan, up by 40.1 percent over the previous year; those of manufacturing were 5,696.4 billion yuan, up by 8.7 percent; and those of the production and supply of electricity, heat power, gas and water were 414.1 billion yuan, up by 4.3 percent. In 2018, the profit rate of the principal activities of the industrial enterprises above the designated size was 6.49 percent, 0.11 percentage point higher than that of 2017.[5]

2019

In 2019, the total value added of the industrial sector was 31,710.9 billion yuan, up by 5.7 percent over the previous year. The value added of industrial enterprises above the designated size increased by 5.7 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises grew by 4.8 percent, that of the share-holding enterprises up by 6.8 percent, that of the enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan up by 2.0 percent and that of private enterprises up by 7.7 percent. In terms of sectors, the value added of the mining industry was up by 5.0 percent, that of manufacturing up by 6.0 percent and that of production and supply of electricity, heat power, gas and water up by 7.0 percent.[6]

Output of Major Industrial Products and Growth Rates in 2019
Product Unit Output Increase over

2018 (%)

source
Yarn 10000 tons 2892.1 -6.1 [6]
Cloth 100 million meters 575.6 -17.6
Chemical fiber 10000 tons 5952.8 9.9
Refined sugar (final product) 10000 tons 1389.4 15.9
Cigarettes 100 million 23642.5 1.1
Color TV sets 10000 18999.1 -3.5
Of which:  LCD TV sets 10000 18689.7 -1.5
Household refrigerators 10000 7904.3 6.3
Air conditioners 10000 21866.2 4.3
Primary energy output 100 million tons of standard coal equivalent 39.7 5.1
Coal 100 million tons 38.5 4.0
Crude petroleum oil 10000 tons 19101.4 0.9
Natural gas 100 million cubic meters 1761.7 10.0
Electricity 100 million kilowatt-hours 75034.3 4.7
Of which: Thermal power 100 million kilowatt-hours 52201.5 2.4
Hydropower 100 million kilowatt-hours 13044.4 5.9
Nuclear-power 100 million kilowatt-hours 3483.5 18.3
Crude steel 10000 tons 99634.2 7.2
Rolled steel 10000 tons 120477.4 6.3
Ten kinds of nonferrous metals 10000 tons 5866.0 2.2
 Of which:  Refined copper (copper) 10000 tons 978.4 5.5
 Aluminum electrolyze 10000 tons 3504.4 -2.2
Cement 100 million tons 23.5 4.9
Sulfuric acid (100%) 10000 tons 8935.7 -1.3
Caustic soda (100%) 10000 tons 3464.4 -0.3
Ethylene 10000 tons 2052.3 10.2
Chemical fertilizers

 (100 percent equivalent)

10000 tons 5731.2 6.1
Power generation equipment 10000 kilowatts 9274.1 -14.9
Motor vehicles 10000 2552.8 -8.3
Of which:  Basic passenger cars (cars) 10000 1018.2 -16.4
Sport utility vehicles (SUVs) 10000 876.0 -3.6
Large and medium tractors 10000 27.8 5.9
Integrated circuits 100 million pieces 2018.2 8.9
Program-controlled switchboards 10000 lines 790.5 -23.7
Mobile telephones 10000 170100.6 -5.5
Micro computer equipment 10000 34163.2 8.2
Industrial robots 10000 sets 17.7 -3.1

In 2019, the profits made by industrial enterprises above the designated size were 6,199.6 billion yuan, down by 3.3 percent over the previous year. By ownership, the profits of state-holding enterprises were 1,635.6 billion yuan, down by 12.0 percent over the previous year; those of share-holding enterprises were 4,528.4 billion yuan, down by 2.9 percent; those of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan were 1,558.0 billion yuan, down by 3.6 percent; and those of private enterprises were 1,818.2 billion yuan, up by 2.2 percent. In terms of different sectors, the profits of mining were 527.5 billion yuan, up by 1.7 percent over the previous year; those of manufacturing were 5,190.4 billion yuan, down by 5.2 percent; and those of the production and supply of electricity, heat power, gas and water were 481.6 billion yuan, up by 15.4 percent. In 2019, the cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 84.08 yuan, or 0.18 yuan more than that of 2018; the profit rate of the business revenue was 5.86 percent, down by 0.43 percentage points.[6]

2020

In 2020, the total value added of the industrial sector was 31,307.1 billion yuan, up by 2.4 percent over the previous year. The value added of industrial enterprises above the designated size increased by 2.8 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises grew by 2.2 percent, that of the share-holding enterprises up by 3.0 percent, that of the enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan up by 2.4 percent and that of private enterprises up by 3.7 percent. In terms of sectors, the value added of the mining industry was up by 0.5 percent, that of manufacturing up by 3.4 percent and that of production and supply of electricity, heat power, gas and water up by 2.0 percent.[7]

Output of Major Industrial Products and Growth Rates in 2020
Product Unit Output Increase over

2019 (%)

source
Yarn 10000 tons 2618.3 -7.4 [7]
Cloth 100 million meters 460.3 -17.1
Chemical fiber 10000 tons 6126.5 4.1
Refined sugar (final product) 10000 tons 1431.3 3.0
Cigarettes 100 million 23863.7 0.9
Color TV sets 10000 19626.2 3.3
Of which:  LCD TV sets 10000 19247.2 3.0
Household refrigerators 10000 9014.7 14.0
Air conditioners 10000 21035.3 -3.8
Primary energy output 100 million tons of standard coal equivalent 40.8 2.8
Coal 100 million tons 39.0 1.4
Crude petroleum oil 10000 tons 19476.9 1.6
Natural gas 100 million cubic meters 1925.0 9.8
Electricity 100 million kilowatt-hours 77790.6 3.7
Of which: Thermal power 100 million kilowatt-hours 53302.5 2.1
Hydropower 100 million kilowatt-hours 13552.1 3.9
Nuclear-power 100 million kilowatt-hours 3662.5 5.1
Crude steel 10000 tons 106476.7 7.0
Rolled steel 10000 tons 132489.2 10.0
Ten kinds of nonferrous metals 10000 tons 6188.4 5.5
 Of which:  Refined copper (copper) 10000 tons 1002.5 2.5
 Aluminum electrolyze 10000 tons 3708.0 5.6
Cement 100 million tons 24.0 2.5
Sulfuric acid (100%) 10000 tons 9238.2 1.3
Caustic soda (100%) 10000 tons 3673.9 6.2
Ethylene 10000 tons 2160.0 5.2
Chemical fertilizers

 (100 percent equivalent)

10000 tons 5496.0 -4.1
Power generation equipment 10000 kilowatts 13226.2 38.3
Motor vehicles 10000 2532.5 -1.4
Of which:  Basic passenger cars (cars) 10000 923.9 -10.2
Sport utility vehicles (SUVs) 10000 905.0 2.6
Large and medium tractors 10000 34.6 23.0
Integrated circuits 100 million pieces 2614.7 29.6
Program-controlled switchboards 10000 lines 702.5 -11.1
Mobile telephones 10000 146961.8 -13.3
Micro computer equipment 10000 37800.4 10.6
Industrial robots 10000 sets 21.2 20.7

In 2020, the profits made by industrial enterprises above the designated size were 6,451.6 billion yuan, up by 4.1 percent[22] over the previous year. By ownership, the profits of state-holding enterprises were 1,486.1 billion yuan, down by 2.9 percent over the previous year; those of share-holding enterprises were 4,544.5 billion yuan, up by 3.4 percent; those of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan were 1,823.4 billion yuan, up by 7.0 percent; and those of private enterprises were 2,026.2 billion yuan, up by 3.1 percent. In terms of different sectors, the profits of mining were 355.3 billion yuan, down by 31.5 percent over the previous year; those of manufacturing were 5,579.5 billion yuan, up by 7.6 percent; and those of the production and supply of electricity, heat power, gas and water were 516.8 billion yuan, up by 4.9 percent. In 2020, the cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 83.89 yuan, or 0.11 yuan less than that of 2019; the profit rate of the business revenue was 6.08 percent, up by 0.20 percentage points. By the end of 2020, the asset-liability ratio of industrial enterprises above the designated size was 56.1 percent, 0.3 percentage points lower than the end of 2019. The national industrial capacity utilization rate was 74.5 percent in 2020, specifically 67.3 percent, 74.4 percent, 76.7percent and 78.0 percent in the first, second, third and fourth quarters.[7]

2021

In 2021, the total value added of the industrial sector was 37,257.5 billion yuan, up by 9.6 percent over the previous year. The value added of industrial enterprises above the designated size increased by 9.6 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises was up by 8.0 percent, that of the share-holding enterprises up by 9.8 percent, that of the enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan up by 8.9 percent and that of private enterprises up by 10.2 percent. In terms of sectors, the value added of the mining industry was up by 5.3 percent, that of manufacturing up by 9.8 percent and that of production and supply of electricity, heat power, gas and water up by 11.4 percent.[8]

Output of Major Industrial Products and Growth Rates in 2021
Product Unit Output Increase over

2020 (%)

source
Yarn 10000 tons 2873.7 9.8 [8]
Cloth 100 million meters 502.0 9.3
Chemical fiber 10000 tons 6708.5 9.5
Refined sugar (final product) 10000 tons 1482.3 3.6
Cigarettes 100 million 24182.4 1.3
Color TV sets 10000 18496.5 -5.8
Of which:  LCD TV sets 10000 17424.3 -9.5
Household refrigerators 10000 8992.1 -0.3
Air conditioners 10000 21835.7 3.8
Primary energy output 100 million tons of standard coal equivalent 43.3 6.2
Coal 100 million tons 41.3 5.7
Crude petroleum oil 10000 tons 19888.1 2.1
Natural gas 100 million cubic meters 2075.8 7.8
Electricity 100 million kilowatt-hours 85342.5 9.7
Of which: Thermal power 100 million kilowatt-hours 58058.7 8.9
Hydropower 100 million kilowatt-hours 13390.0 -1.2
Nuclear-power 100 million kilowatt-hours 4075.2 11.3
Crude steel 10000 tons 103524.3 -2.8
Rolled steel 10000 tons 133666.8 0.9
Ten kinds of nonferrous metals 10000 tons 6477.1 4.7
 Of which:  Refined copper (copper) 10000 tons 1048.7 4.6
 Aluminum electrolyze 10000 tons 3850.3 3.8
Cement 100 million tons 23.8 -0.4
Sulfuric acid (100%) 10000 tons 9382.7 1.6
Caustic soda (100%) 10000 tons 3891.3 5.9
Ethylene 10000 tons 2825.7 30.8
Chemical fertilizers 10000 tons 5543.6 0.9
Power generation equipment 10000 kilowatts 15954.6 19.2
Motor vehicles 10000 2652.8 4.8
Of which:  Basic passenger cars (cars) 10000 976.5 5.7
Sport utility vehicles (SUVs) 10000 973.6 7.6
Large and medium tractors 10000 41.2 19.4
Integrated circuits 100 million pieces 3594.3 37.5
Program-controlled switchboards 10000 lines 699.6 -0.4
Mobile telephones 10000 166151.6 13.1
Micro computer equipment 10000 46692.0 23.5
Industrial robots 10000 sets 36.6 67.9

In 2021, the profits made by industrial enterprises above the designated size were 8,709.2 billion yuan, up by 34.3 percent over the previous year . By ownership, the profits of state-holding enterprises were 2,277.0 billion yuan, up by 56.0 percent over the previous year; those of share-holding enterprises were 6,270.2 billion yuan, up by 40.2 percent; those of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan were 2,284.6 billion yuan, up by 21.1 percent; and those of private enterprises were 2,915.0 billion yuan, up by 27.6 percent. In terms of different sectors, the profits of mining were 1,039.1 billion yuan, up by 190.7 percent over the previous year; those of manufacturing were 7,361.2 billion yuan, up by 31.6 percent; and those of the production and supply of electricity, heat power, gas and water were 308.9 billion yuan, down by 41.9 percent. In 2021, the cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 83.74 yuan, or 0.23 yuan less than that of 2020; the profit rate of the business revenue was 6.81 percent, up by 0.76 percentage points. By the end of 2021, the asset-liability ratio of industrial enterprises above the designated size was 56.1 percent, 0.1 percentage points lower than the end of 2020. The national industrial capacity utilization rate was 77.5 percent in 2021.

2022

In 2022, the total value added of the industrial sector was 40,164.4 billion yuan, up by 3.4 percent over the previous year. The value added of industrial enterprises above the designated size increased by 3.6 percent. Of the industrial enterprises above the designated size, in terms of ownership, the value added of the state-holding enterprises was up by 3.3 percent, that of the share-holding enterprises up by 4.8 percent, that of the enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan down by 1.0 percent and that of private enterprises up by 2.9 percent. In terms of sectors, the value added of the mining industry was up by 7.3 percent, that of manufacturing up by 3.0 percent and that of production and supply of electricity, heat power, gas and water up by 5.0 percent.[9]

Output of Major Industrial Products and Growth Rates of the Industrial Enterprises above the Designated Size in 2022
Product Unit Output Increase over

2021 (%)

source
Yarn 10000 tons 2719.1 -5.4 .[9]
Cloth 100 million meters 467.5 -6.9
Chemical fiber 10000 tons 6697.8 -0.2
Refined sugar (final product) 10000 tons 1486.8 2.6
Cigarettes 100 million 24321.5 0.6
Color TV sets 10000 19578.3 5.8
Household refrigerators 10000 8664.4 -3.6
Air conditioners 10000 22247.3 1.9
Primary energy output 100 million tons of standard coal equivalent 46.6 9.2
Coal 100 million tons 45.6 10.5
Crude petroleum oil 10000 tons 20472.2 2.9
Natural gas 100 million cubic meters 2201.1 6.0
Electricity 100 million kilowatt-hours 88487.1 3.7
Of which:  Thermal power 100 million kilowatt-hours 58887.9 1.4
Hydropower 100 million kilowatt-hours 13522.0 1.0
Nuclear-power 100 million kilowatt-hours 4177.8 2.5
Wind power 100 million kilowatt-hours 7626.7 16.2
Solar power 100 million kilowatt-hours 4272.7 31.2
Crude steel 10000 tons 101795.9 -1.7
Rolled steel 10000 tons 134033.5 0.3
Ten kinds of nonferrous metals 10000 tons 6793.6 4.9
Of which:  Refined copper (copper) 10000 tons 1106.3 5.5
Aluminum electrolyze 10000 tons 4021.4 4.4
Cement 100 million tons 21.3 -10.5
Sulfuric acid (100%) 10000 tons 9504.6 1.3
Caustic soda (100%) 10000 tons 3980.5 2.3
Ethylene 10000 tons 2897.5 2.5
Chemical fertilizers(100 percent equivalent) 10000 tons 5573.3 0.5
Power generation equipment 10000 kilowatts 18376.1 15.0
Motor vehicles 10000 2718.0 3.5
Of which:  New energy vehicles 10000 700.3 90.5
Large and medium tractors 10000 40.0 -2.8
Integrated circuits 100 million pieces 3241.9 -9.8
Program-controlled switchboards 10000 lines 883.8 26.3
Mobile telephones 10000 156080.0 -6.1
Micro computer equipment 10000 43418.2 -7.0
Industrial robots 10000 sets 44.3 21.0
Solar cells(photovoltaic cells) 10000 kilowatt 34364.2 46.8
Charging piles 10000 191.5 80.3

In 2022, the profits made by industrial enterprises above the designated size were 8,403.9 billion yuan, down by 4.0 percent over the previous year[24]. By ownership, the profits of state-holding enterprises were 2,379.2 billion yuan, up by 3.0 percent over the previous year; those of share-holding enterprises were 6,161.1 billion yuan, down by 2.7 percent; those of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan were 2,004.0 billion yuan, down by 9.5 percent; and those of private enterprises were 2,663.8 billion yuan, down by 7.2 percent. In terms of different sectors, the profits of mining were 1,557.4 billion yuan, up by 48.6 percent over the previous year; those of manufacturing were 6,415.0 billion yuan, down by 13.4 percent; and those of the production and supply of electricity, heat power, gas and water were 431.5 billion yuan, up by 41.8 percent. In 2022, the cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 84.72 yuan, or 0.91 yuan more than that of 2021; the profit rate of the business revenue was 6.09 percent, down by 0.64 percentage points. By the end of 2022, the asset-liability ratio of industrial enterprises above the designated size was 56.6 percent, 0.3 percentage points higher than that at the end of 2021. The national industrial capacity utilization rate was 75.6 percent in 2022.[9]

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.[10]

Output of Major Industrial Products and Growth Rates of the Industrial Enterprises above the Designated Size in 2023
Product Unit Output Increase over

2022 (%)

source
Yarn 10000 tons 2234.2 -2.2 [10]
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 of industrial enterprises above the designated size was 75.1 percent in 2023.[10]

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.[11]

Output of Major Industrial Products and Growth Rates of the Industrial Enterprises above the Designated Size in 2024
Product Unit Output Increase over

2023 (%)

source
Yarn 10000 tons 2277.9 1.3 [11]
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 of industrial enterprises above the designated size was 75.0 percent in 2024.[11]

  1. ^ a b c "Statistical Communiqué of the People's Republic of China on the 2014 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-31.
  2. ^ a b c "Statistical Communiqué of the People's Republic of China on the 2015 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-31.
  3. ^ a b c "Statistical Communiqué of the People's Republic of China on the 2016 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-31.
  4. ^ a b "Statistical Communiqué of the People's Republic of China on the 2017 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-31.
  5. ^ a b c "Statistical Communiqué of the People's Republic of China on the 2018 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-31.
  6. ^ a b c "Statistical Communiqué of the People's Republic of China on the 2019 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-29.
  7. ^ a b c "Statistical Communiqué of the People's Republic of China on the 2020 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-29.
  8. ^ a b "Statistical Communiqué of the People's Republic of China on the 2021 National Economic and Social Development". www.stats.gov.cn. Retrieved 2025-03-29.
  9. ^ a b c "STATISTICAL COMMUNIQUÉ OF THE PEOPLE'S REPUBLIC OF CHINA ON THE 2022 NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT". www.stats.gov.cn. Retrieved 2025-03-28.
  10. ^ 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.
  11. ^ 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.