In The First Quarter, The National Industrial Added Value Decreased By 8.4% Compared With The Same Period Last Year.
In April 17th, the State Council held a press conference on the operation of the national economy in the first quarter of 2020. Mao Shengyong, a spokesman for the National Bureau of statistics, said that in the first quarter, the added value of industrial products above Designated Size dropped by 8.4% over the same period last year.
According to the economic type, the added value of state holding enterprises decreased by 6% compared with the same period last year, and the share holding enterprises dropped by 8.4%, while foreign and Hong Kong, Macao and Taiwan investment enterprises dropped by 14.5%, and private enterprises dropped by 11.3%.
Divided into three categories, the added value of the mining industry dropped by 1.7%, the manufacturing industry dropped by 10.2%, and the electricity, heat, gas and water production and supply industry dropped by 5.2%.
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