Output Surges for 3D Printers, Lithium Batteries, and Industrial Robots in First Four Months

Deep News
May 18

From January to April, the value-added of industrial enterprises above the designated size nationwide increased by 5.6% year-on-year. According to data released on May 18, production and supply maintained steady growth, market sales continued to expand, and new growth drivers strengthened. The value-added of the mining industry increased by 5.5% year-on-year, manufacturing by 5.8%, and the production and supply of electricity, heat, gas, and water by 4.5%. The value-added of the equipment manufacturing industry grew by 8.7%, and that of high-tech manufacturing rose by 12.6%, outpacing the overall industrial growth rate by 3.1 and 7.0 percentage points, respectively. By ownership type, state-controlled enterprises saw a 4.4% increase, shareholding enterprises grew by 6.0%, foreign-funded and Hong Kong, Macao, and Taiwan-funded enterprises expanded by 3.9%, and private enterprises increased by 5.2%. In terms of specific products, the output of 3D printing equipment, lithium-ion batteries, and industrial robots increased by 50.9%, 36.0%, and 25.7% year-on-year, respectively. In April alone, industrial value-added grew by 4.1% year-on-year and 0.05% month-on-month. The manufacturing Purchasing Managers' Index (PMI) for April stood at 50.3%, while the production and business activity expectation index was 54.5%, up 1.1 percentage points from the previous month. From January to March, industrial enterprises above the designated size achieved a total profit of 1,696 billion yuan, a year-on-year increase of 15.5%.

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