Briefing On The Main Downstream Industries Of Hose Belt From January To March 2023

Industrial production above designated size rose 3.9 per cent year on year in real terms in March (all growth rates are adjusted for real prices). On a month-on-month basis, the added value of industrial enterprises above designated size increased by 0.12 percent in March. In the first three months of this year, the value-added of industrial enterprises above designated size increased by 3.0 percent year on year.

The following data extracts the economic operation of the main downstream industries related to the rubber hose and tape industry from January to March 2023:

Look by industry, In March, coal mining and washing industries grew by 0.7%, oil and gas mining by 2.2%, ferrous metal smelting and rolling processing by 6.0%, non-ferrous metal smelting and rolling processing by 7.0%, and general equipment manufacturing by 4.6%. Automobile manufacturing grew by 13.5 percent, railway, shipping, aerospace and transportation equipment manufacturing by 8.6 percent, and electricity and heat production and supply by 5.3 percent.

By product, in March, the steel, 12725 million tons, an increase of 8.1%; 205.8 million tons of cement, up 10.4%; Ten kinds of non-ferrous metals reached 6.28 million tons, up 6.9%; The number of automobiles increased by 11.2% to 2.608 million, of which 668,000 were new-energy vehicles, up by 33.3%; Electricity output was 717.3 billion KWH, up 5.1 percent year on year; Crude oil processed 63.29 million tons, up 8.8 percent year on year.

Forwarding source, "China Pipe Belt"