Jan-Apr: industrial value-added at enterprises above designated size rose 9.8%
YoY. Total industrial output of those firms was RMB 1.613 trillion, up 7.3% YoY.
Of 34 industrial categories, 27 expanded (79.4% breadth); 16 posted >8% growth,
indicating continued upgrading of manufacturing. Output of high-tech firms above
designated size was RMB 916.5 billion, +11.7% YoY; aerospace manufacturing
+23.1%, electronic and communications equipment +20.0%, pharmaceutical
manufacturing +12.1%, instrument manufacturing +14.6%. Production of emerging
electronic and new-energy products accelerated: smartphones +8.5% YoY,
integrated circuits +18.1%, optoelectronic devices +18.2%, lithium-ion batteries
+46.3%.
