Oct.main econom ic data published

Oct.main econom ic data published

2016年10月中国经济主要数据出炉

China's National Bureau of Statistics released the major statistics on economy of China for October.

In October， industrial added value of large enterprises(referring to all state-owned enterprises and other with annual sales exceeding RMB5 million)gained 13.1%year on year,which is 0.2 percentage points narrower from September；and the added value in the first ten months of this year jumped 16.1%on year，down 0.2 percentage points from the previous month.The added value of state-owned and-hold enterprises vent up 10.6%； collective enterprises， up 7.9%；joint stock companies，up 14.3%； and companies involving investment from foreign countries or regions,Hong Kong， Macao and Taiwan， up 11.2%.

All the 39 major sectors reported year on year increases.Of them，textile indrustry increased 10.5%;chemical raw materials and chemical products production went up 13.3%；nonmetallic minerals，up 17.0%；general-purpose equipment manufacturing,up 18.8%；transport equipment manufacturing，up 16.4%；electric machinery and appliance manufacturing， up 16.3%；communications equipment and computer and other electronic equipment manufacturing， up 13.3%；electric power and heat production and supply，up 6.8%；and ferrous metal smelting and pressing and processing，up 4.6%.

China's urban fixed asset investment reached RMB18.7556 trillion in the first ten months of this year， up 24.4%on year.Of this， the investment of state-owned and-hold enterprises came to RMB7,795.0 billion， up 19.2%； real estate development investment，RMB3,807 billion， u p 36.5%；investment of Hong Kong， Macao and Taiwan businesses， RMB600.1 billion， up 18.2% ； and foreign investment，RMB652.1 billion， up 4.9%．The investment of electric power and heat production and supply sector reached RMB899.2 billion，up 6.4%；petroleum and natural gas exploration， R MB194.7 billion， up 6.9%;and railway transport， RMB518.1 billion， up 27.8%.The country had construction projects of 415，234， increasing 13，030 over the same period of last year;and the total planned investment of construction projects amounted to RMB47.6013 trillion， up 25.7% on year； newly started projects numbered 280，276，down 13，136 on year；and total planned investment for the newly started projects reached RMB15.4270 trillion， up 23.8%on year. The funds available reached RMB21.5219 trillion，up 25.6%on year.Of this， the funds with the state budget increased 11.8%；domestic loans，up 22.7%；self-raised funds，up 30.1%；and use of foreign funds，up 3.3%.

Total retail sales of consumer goods reached RMB1， 428.5 billion in October， up 18.6%on year，adding the total to RMB12， 531.3 billion in the January-October period，up 18.3%on year.

The October consumer price index(CPI)，the major gauge for inflation， rose 4.4%on year， which is 0.8 percentage pionts expansion over September.Of this，the CPI in the urban area increased 4.2%and that in the rural area gained 4.7%；food price hiked 10.1% and non-food price up 1.6%；and consumer goods price raised 5.0%and service price up 2.5%.The CPI increased 3%on year in the first ten m o nths.

The October producer price index(PPI)increased 5% year on year in October， 0.7 percentage points larger than September.The exfactory price of capital goods hiked 5.8%.Of this，price of mining industry went up 11.8%，raw materials up 8.5% and processing industry， up 3.8%；and the factory-gate price of consumer goods increased 2.6%，of which the price of food up 5.3%，clothing up 1.8%，general daily use articles up 2.2%，and durable consumer goods，down 0.7%.The PPI went up 5.5%in the f i rst ten months.