January to July China's mining industry investment grew 27.4%

The latest data released by the National Bureau of Statistics show that in July this year, the extractive industry ex-factory prices rose 3.2% year-on-year, a decline of 0.7%. Among them, coal mining and washing industry rose 1.2% year-on-year, oil and gas extraction industry fell 8.3% year-on-year, ferrous metal mining industry rose 23.7% year-on-year, non-ferrous metal mining industry rose 1.9% year-on-year, non-metallic mineral mining industry rose 5.9% year-on-year.

In July, the mining industry above-scale industrial value added rose 6.6% year-on-year, 2.2 percentage points higher than the national level, January-July, the mining industry grew 4%, 1.8 percentage points below the national level. From the type, non-metallic mineral products, ferrous metal smelting and rolling processing, non-ferrous metal smelting and rolling processing and other industries to achieve double-digit growth in value added. Monocrystalline silicon, rare earth compounds, high-performance chemical fibers, steel structures, oil drilling equipment, special equipment for environmental pollution control, service robots, special instruments for environmental monitoring, steel non-motorized boats and other major products grew at a rate of 23%-102.9%. January-July, the output of ten non-ferrous metals 33.65 million tons, up 4.3%, including 4.9 million tons of output in July, up 2.6%.

January-July, the mining industry investment grew 27.4%, an increase of 5.1 percentage points. January-July, the national fixed asset investment (excluding farmers) grew 5.7%, the growth rate fell 0.1 percentage points from January to June. Among them, private investment in fixed assets grew 5.4% year-on-year, the growth rate fell 0.3 percentage points from January to June. By region, investment in the eastern region grew 4.5% year-on-year; investment in the central region grew 9.4%, the growth rate was the same as in January-June; investment in the western region grew 5.6%; investment in the northeast fell 3.7%.

In July, above-scale industrial coal and crude oil production accelerated, natural gas production slowed. Among them, the production of 320 million tons of raw coal, up 12.2%, imported 32.89 million tons of coal, up 13.4%, January-July imports of coal 187.36 million tons, up 7%. July, the production of crude oil 16.29 million tons, up 2.5%, imports of crude oil 41.04 million tons, up 13.9%, January-July, imports of crude oil 285.64 million tons, up 9.5%. In July, the production of natural gas 13.9 billion cubic meters, up 6.1% year-on-year, the growth rate fell 7 percentage points from the previous month, imports of natural gas 7.89 million tons, up 7% year-on-year, January-July, imports of natural gas 54.74 million tons, up 10.8%.

In the press office recently held in July national economic operation conference, the National Bureau of Statistics spokesman Liu Aihua said that at the end of June, the asset and liability ratio of industrial enterprises above the size of 57%, down 0.3 percentage points year-on-year. The current economic operation still maintains a generally stable, stable development trend. However, it should also be seen that the current international environment is more severe and complex, economic development is facing new risks and challenges, downward pressure has increased. The gathering and growth of new kinetic energy is an important driving force to support the future economic march, the next phase of the trend plays an important role in the continued release of policy dividends such as tax cuts and fee reductions. □ (Section Source)