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Changes in the industrial structure of the industrial structure is an important reason for foreign economic cyclical changes appeared

Recently, media quoted the views of some experts said, the May high industrial growth, economic growth and hair (with) does not match the power and guess May industrial growth should be lower than the published figures. On June 16, the person in charge of the National Bureau of Statistics respond these questions.

Q: We have seen the National Bureau of Statistics released by industrial growth rate was 8.9% in May, but individual scholars said May's industrial growth rate is 5%, they have a basis for it? Do you think why the industrial growth rate reached 8.9% in May?

A: Unfortunately, we do not see their basis. Quoted the views of view, they just think, "Perhaps only 5%", "may be less than 5%.

National scale industrial growth reached 8.9% in May, the last month has accelerated and is facilitated by a variety of factors, specifically some factors.

First, the heavy industry accelerated production is the pull of the important reasons for the increase of the growth rate of industrial added value in May. Heavy industry accounted for about 70% of all above-scale industrial added value, since September last year, the severe impact of the international financial crisis, heavy industrial growth fell sharply scale industrial added value growth fell. Since the beginning of this year, the heavy industry the rebound momentum from January to February, an increase of 2.7% to 8.6% in May to speed up 1.7 percentage points compared to April. According to estimates, the heavy industry contribution rate of 69.5% for the month of industrial growth, stimulating industrial production growth accelerated in May is an important factor.

Secondly, most of the industries and industrial product growth accelerated. May 39 industrial categories in 29 industry growth rate to accelerate in April, accounting for 74.4%; statistics of 494 kinds of major industrial products, output growth accelerated compared to April (or narrowed) products 293 species, accounting for 59.3%. In May, the high-tech manufacturing industry year-on-year growth of 7.3%, or 2.6 percent compared to April; equipment manufacturing industry increased by 9.4%, or 1.8 percent; six high energy industry grew by 5.9%, 2.4 percentage points higher; majority light industry growth continue to accelerate.

The third major economic province's growth accelerated. In May, the country's 31 regions, 20 regions to accelerate growth (or decline narrowing), accounting for more than 60%. Guangdong, Zhejiang, Shandong respectively 3.2,2.8,0.5 percent faster, Shanghai, narrowed to 4.5 percentage points. The major economic province industrial growth accelerated, driven by the improvement of the country's industrial growth.

The Sichuan earthquake impact on the growth rate of the country. By the impact of the Wenchuan earthquake low base last year, in May of this year, Sichuan industrial added value increased 32.5% (last year only 3.6%), or 14.8 percent more than in April.

The measure of this factor directly pulled up the country's industrial production growth rate of 0.6 percent. Excluding the impact of the earthquake on the country's industrial growth in May, the growth of industrial production in April to speed up by one percentage point, power generation than in April narrowed by 0.8 percentage points, indicating that the power production and industrial production growth trend is consistent.

Decline in energy consumption of industrial restructuring

Q: usually economic growth in power consumption, both the change in direction should be consistent, then recently why both appear inconsistent it?

Answer: the problem we had in late May the explanations and the National Energy Board also published an article the problem, there will no longer be repeated in detail. But needs to be emphasized is that the change of industrial structure is an important reason for the current electricity consumption and economic growth is not synchronized, mainly for three changes in the industrial structure and the change of the internal structure of industry. High energy products to stock "as well as the decline in industrial energy consumption is" out of sync "prominent factors.

"Out of sync" economic growth and electricity consumption in the international economic cyclical movements have emerged, and the emergence of the phenomenon of the "out of sync" basically turning point stage in the economic operation.

A: this problem, you can not just look at the absolute amount of the gap between how much will depend on the size of the relative amount of the gap. Such as the United States 2001, electricity consumption fell 3.6%, while the gross domestic product (GDP) growth of 0.8%, a difference of 4.4 percentage points, and our first quarter of this year, a difference of 10.1 percentage points. At first glance, it seems that our gap to a large number, but if the difference between the amount of economic growth are compared, the data of the United States than China is much higher. In 2001, the United States was 5.5 times, while China is only 1.66 times in the first quarter of this year. We collect the data of industrial production and the growth of electricity production in the United States in 2001, months. Is easy to see from the data, U.S. industrial production and the growth rate of electricity production changes inconsistency is obvious, but also does not exist the so-called "two-three percentage points gap between.