In January-February 2026, the added value of industrial enterprises above designated size increased by 6.3%.

Industrial Value Added by Industries Above Designated Size Grew 6.3% in January–February 2026

In January–February, industrial value added by industries above designated size increased by 6.3% year on year in real terms (all value-added growth rates are actual growth rates after deducting price factors). Judging from the month-on-month trend, in February, industrial value added by industries above designated size grew by 0.83% compared with the previous month.

By three major categories, in January–February, value added in the mining industry grew by 6.1% year on year, in the manufacturing industry by 6.6%, and in the electric power, heat, gas and water production and supply industry by 4.7%.

By economic type, in January–February, value added in state-controlled enterprises grew by 4.2% year on year; joint-stock enterprises grew by 6.9%; foreign and Hong Kong, Macao and Taiwan-invested enterprises grew by 4.0%; and private enterprises grew by 7.4%.

By industry, in January–February, among 41 broad categories of industries, 35 industries saw growth in their value added year on year. Of these, value added in coal mining and washing grew by 7.2%; in oil and natural gas extraction by 5.8%; in processing of farm, sideline and food products by 6.1%; in the manufacture of alcoholic beverages, beverages and refined tea by 4.3%; in textiles by 5.3%; in the manufacture of chemical raw materials and chemical products by 7.6%; in the manufacture of non-metal mineral products by 2.5%; in the smelting and pressing processing of ferrous metals by 2.2%; in the smelting and pressing processing of non-ferrous metals by 3.9%; in the manufacture of general-purpose equipment by 8.9%; in the manufacture of special-purpose equipment by 8.8%; in automobile manufacturing by 3.4%; in the manufacture of rail, ship, aerospace and other transportation equipment by 13.7%; in the manufacture of electrical machinery and equipment by 8.7%; and in the manufacture of computers, communications and other electronic equipment by 14.2%. Value added in electric power, heat production and supply grew by 5.1%.

By product, in January–February, among 626 products of industries above designated size, the output of 397 products increased year on year. These included: steel products at 221.19M tons, down 1.1% year on year; cement at 178.27M tons, up 6.8%; ten kinds of non-ferrous metals at 13.42M tons, up 3.9%; ethylene at 6.60 million tons, up 5.1%; automobiles at 13.42M vehicles, down 9.9%, including new energy vehicles at 4.02M vehicles, down 13.7%; electricity generation at 1,571.8 billion kWh, up 4.1%; and crude oil processing volume at 122.63 million tons, up 2.9%.

In January–February, the product sales rate of industrial enterprises above designated size was 95.4%, down 0.1 percentage point year on year. Industrial enterprises above designated size realized export delivery value of RMB 2,405 billion, up 6.3% nominally year on year.

(Editor: Wenjing)

Keywords:

                                                            Industrial value added