Overall performance of the consumer goods industry from January to July in 2018, with a 10.7% increase in the pharmaceutical industry

  • 2018-09-18
First, the general production operation is stable. The added value of the consumer goods industry increased by 6.4% year-on-year, an increase of 0.2 percentage points lower than that of the whole industry, 1.2 percentage points lower than the same period last year. The added values of the light industry (excluding food), textile, food, pharmaceutical industries increased by 5.3%, 2.9%, 6.8%, and 10.7% respectively, but the growth rates were all lower than the same period last year; the added value of the tobacco industry increased by 10.4% year-on-year, an increase rate of 9.4 percentage points over the same period last year.

Second, the investment growth rate of some industries has declined. In July 2018, investment in the farm and sideline food processing industry, textile industry, textile and apparel industry, manufacturing industry of culture and education, art and craft, sports and entertainment products, and pharmaceutical manufacturing industry increased by -2.6%, 3.3%, -8.4%, -1.3% and -1.5% respectively, and the growth rates were 6.8, 3.1, 16, 9.1, and 2 percentage points lower than the same period last year, respectively.

Third, the growth rate of exports has slowed down. The export delivery value of the consumer goods industry increased by 3.8% year-on-year, which was 4.9 percentage points lower than that of the whole industry, and 1.7 percentage points lower than the same period last year. The export delivery values of the light industry (excluding food), textile, food and pharmaceutical industries increased by 4.1%, 1.6%, 4.5% and 8.6% respectively; the export delivery values of the tobacco industry and food industry were 10.8% lower and 2.8 percentage points higher than the same period of last year, respectively.

(the above data are collected or collated from the National Bureau of Statistics)

Source: Ministry of Industry and Information Technology

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