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Good start! In the first quarter, China's raw material industry added value increased by 4.6% year-on-year.
At a press conference held by the State Council Information Office this morning, reporters learned that our country’s raw materials industry has achieved a good start in the first quarter. Data shows that in the first quarter, the added value of the raw materials industry increased by 4.6% year-on-year. Among them: the petrochemical and chemical industry’s added value increased by 7.4% year-on-year, and the non-ferrous metals industry’s added value increased by 2.6% year-on-year. From January to February, profits of large-scale raw materials industries grew by 45.6% year-on-year, with a profit margin of 4.2%, an increase of 1.2 percentage points compared to the same period last year. The industrial structure of the raw materials industry is also continuously optimizing. Zhang Yunming, Vice Minister of Industry and Information Technology: In the first quarter, despite a year-on-year decline in the output of major products such as crude steel and steel, the industrial added value of the steel industry still achieved a positive growth of 2.5%, with the value created per ton of steel increasing, making the manufacturing industry’s steel backbone more “robust.” In the first quarter, the cement industry reduced capacity through substitution, cutting or exiting nearly 30 million tons of capacity. Meanwhile, the green building materials industry steadily increased its revenue, with the number of certified green building material products increasing by 5% compared to the end of 2025. Innovative achievements in the raw materials field are also accelerating. Our country’s independently developed T1200-grade ultra-high-strength carbon fiber industrial-grade products made their global debut, and are expected to be deeply applied in strategic emerging industries such as aerospace, low-altitude economy, and humanoid robots. (CCTV News)