National Economic Performance in August

In August, national economic performance was stable.

The main features of national economic performance are:

Industrial production kept fast growth.

In August, the total completed value-added of industrial production was 223.3 billion yuan, up 8.1% over the same month of last year. Of which, the value-added of heavy industry was 136.4 billion yuan, up 8.3% over the same month of last year. And that of light industry was 86.9 billion yuan, up 7.8%. In August, the ratio of sales of the industry production was 97.97%, down 0.02% over the same month of last year. In the first 8 months of this year, the ratio of sales of the industrial production was 96.99%, down 0.15% over the same period of last year.

The investment in fixed assets kept fast growth.

In the first 8 months of this year, the investment of state-owned units and other type of units were 1331.12 billion yuan, up by 18.9%. Analyzed by purposes, investment in capital construction was 697.78 billion yuan, up 11.7%, that in technical innovation was 2624.44billion yuan, up 26.7%, and that in real estate was 241.33 billion yuan, up 32.1%.

Market sales were brisk

In August, the retail sales of consumer goods was 288.94 billion yuan, up 9.6% over the same period last year. By sector, the retail sales of consumer goods in wholesale and retail sale trades was 194.92 billion yuan, up 10.3%, that in Catering trade was 34.49 billion, up 15.9% over the same month of last year.

Consumer price index continued to keep steadily

In August, the consumer price was up 1.0 at compared with the same month of last year. Analyzed by category of commodities, the price for recreational, educational, cultural articles and service item was up 8.8%, the price for residence item was up 0.5%. On the other hand, the ex-factory price of manufactured goods was down 1.99%, and the purchasing price for energy, raw materials and power was down 1.3%

Export and import increased fast

Total value of export and import in the first 8 months of this year was 330.53 billion US dollars, up by 9.6% compared with the same period of last year. Of which that of export was 170.99 billion US dollars, up 7.3%; that of import was 159.54 billion US dollars, up 12%. Surplus was 11.46 billion US dollars, down 32.4% over the same period of last year. In August, the total value of export was 23.54 billion US dollars, up 0.9%, and import was 22.16 billion US dollars, up 6.6% over the same month of last year, surplus was 1.38 billion US dollars. From January to August, utilization of foreign capital through signed agreements was 43.75 billion US dollars, up 31.56%, and the foreign direct investment actually utilized was 27.44 billion US dollars, up by 20.39%.