First quarter chemical industry added value increased by 15.1% year-on-year

On the 15th, the macroeconomic data released by the National Bureau of Statistics showed that the national economy showed steady and rapid growth in the first quarter, with a GDP of 963.11 billion yuan, a year-on-year increase of 9.7%; the value of chemical raw materials and chemical manufacturing increased year-on-year. Increased by 15.1%.

According to Sheng Laiyun, spokesperson of the National Bureau of Statistics, in the first quarter, the added value of industrial enterprises above designated size grew by 14.4% year-on-year. In terms of sub-industries, 39 major industries have achieved growth. Industrial production and sales were in good condition. In the first quarter, the production and sales ratio of industrial enterprises above designated size reached 97.7%, which was 0.1 percentage point higher than the same period of last year. In addition, from January to February, the industrial enterprises above designated size achieved a profit of 645.5 billion yuan, a year-on-year increase of 34.3%. Among the 39 major industries, the profits of 38 industries increased year-on-year, and the loss of one industry decreased.

Data show that in the first quarter, the industrial added value of chemical raw materials and chemical manufacturing industry increased by 15.1% year-on-year; natural crude oil production reached 51.36 million tons, a year-on-year increase of 6.7%. In addition, in the first quarter, the industrial production price (PPI) rose by 7.1% year-on-year, and the purchase price of industrial production rose by 10.2% year-on-year. Among them, the purchase price of industrial production of chemical raw materials increased by 11.8% year-on-year.

In the first quarter, the import record was high and the trade experienced a quarterly deficit, which is also the first quarterly deficit in six years. Data show that in the first quarter, the total import and export volume of the country was 800.3 billion U.S. dollars, an increase of 29.5% year-on-year. Among them, exports totaled US$399.6 billion, up 26.5%, and imports totaled US$400.7 billion, up 32.6%.