On June 16, the National Bureau of Statistics released data stating that in May, the added value of industries above designated size actually increased by 4.5% year-on-year (the added value growth rate is the actual growth rate after deducting price factors), and the growth rate was 0.4 percentage points faster than last month.
From a month-on-month perspective, in May, the added value of industries above designated size increased by 0.40% compared with the previous month.
Looking at three major categories, in May, the added value of the mining industry increased by 2.3% year-on-year, the manufacturing industry increased by 4.4%, and the electricity, heat, gas and water production and supply industry increased by 7.6%.
It is worth noting that the added value of the equipment manufacturing industry increased by 9.5% year-on-year, and the added value of high-tech manufacturing increased by 15.1%, 1.2 and 2.3 percentage points faster than the previous month respectively.
On the same day, the State Council Information Office held a press conference on the performance of the national economy in May 2026.
Fu Linghui, spokesperson, chief economist and director of the National Economic Comprehensive Statistics Department of the National Bureau of Statistics, mentioned at the press conference that equipment manufacturing has effectively played a supporting role in industrial production and has become an important supporting force for the acceleration of industrial production.
In May, the added value of the equipment manufacturing industry increased by 9.5% year-on-year, contributing nearly 80% to the growth of the added value of industries above designated size.
In terms of economic types, in May, the added value of state-controlled enterprises increased by 3.7% year-on-year; joint-stock enterprises increased by 5.2%; foreign and Hong Kong, Macao and Taiwan-invested enterprises increased by 1.9%; private enterprises increased by 2.7%.
Looking at different industries, in May, the added value of 28 of the 41 major industries maintained year-on-year growth.
Among them, the general equipment manufacturing industry increased by 6.7%, the special equipment manufacturing industry increased by 9.1%, the automobile manufacturing industry increased by 8.3%, the railway, shipbuilding, aerospace and other transportation equipment manufacturing industry increased by 7.4%, the electrical machinery and equipment manufacturing industry increased by 4.7%, the computer, communications and other electronic equipment manufacturing industry increased by 17.0%, and the electric power, heat production and supply industry increased by 8.7%.
Looking at products, in May, the output of 300 of the 626 products in industries above designated size increased year-on-year.
Among them, 123.03 million tons of steel, a decrease of 2.8% year-on-year; 149.91 million tons of cement, a decrease of 8.1%; 6.98 million tons of ten non-ferrous metals, an increase of 2.2%; 3.38 million tons of ethylene, an increase of 2.1%; automobiles
2.582 million vehicles, a decrease of 3.2%, including 1.489 million new energy vehicles, an increase of 17.8%; power generation capacity was 784.3 billion kilowatt hours, an increase of 4.2%; crude oil processing volume was 53.72 million tons, a decrease of 9.1%.
In addition, Fu Linghui mentioned that in terms of products, the output of 3D printing equipment, lithium-ion batteries, and industrial robots increased by 54.4%, 40.0%, and 27.9% respectively year-on-year.
Overall, from January to May, the added value of industries above designated size increased by 5.4% year-on-year.
This series of data shows that my country’s industrial production showed a positive development trend in May. The rapid growth of some emerging industries and products has injected new vitality into the industrial economy. It is expected to continue to promote the high-quality development of my country’s industrial economy in the future.
