According to presentations , the principal features of the industrial production of 1997 are :
-- Production increased steadily . The growth rate was somewhat lower than that of last year .
The nation 's county and above county industries accomplished an annual industrial added value of 2.0476 trillion yuan , calculated * by comparable prices , 10.9 % higher than that of last year , *PRO* somewhat dropping in growth rate .
There were some fluctuations in growth rates of every quarter of the whole year , but the difference was not significant , which *T* can be regarded * as a steady operation .
The growth rate of State owned industries was basically stable .
Collective industries dropped substantially .
The annual added value of State owned and State owned holding enterprises was 1.1726 trillion yuan , 7.1 % higher than that of last year ; the added value of collective industries was 613.2 billion yuan .
*PRO* Growing 11.7 % , but growth rate declined 6 % from that of last year ; the industrial added value of other economic types was 445 billion , a 13.4 % growth *RNR* , and a 3 % climb *RNR* from that of last year .
Additionally , the annual added value of light industry was 885.5 billion yuan , 11.5 % higher than that of last year ; the added value of heavy industry was 1.1621 trillion yuan , a 10.4 % growth .
-- Industry restructuring made vigorous progress .
From the view of main industrial products , the impact of self - generated adjustments due to market constraints was considerably significant .
The production of such fundamental products as energy resources , main raw materials , etc. grew at a low rate subject to the impact of market demands .
The national total production volume of disposable energy resources was 2 % higher than that of last year .
The growth of chemical fiber production , man - made board , synthetic fiber monomer and ten types of non-ferrous metal , etc. was rather fast , with a 14.6 % to 32.3 % growth .
Timber , machine - made paper , drugs made * of chemical materials , etc. dropped 1.1 % to 9.2 % .
Electromechanical products of an investment nature had ups and downs .
The production of internal - combustion engines , metal - cutting machines , large , medium and small - sized tractors , vans , motor trucks , etc. dropped 1.6 % to 10.3 % .
Electrical and high science and technology products grew considerably . Sedans , digital program - controlled switches , electronic computers , large - scale integrated circuits , etc. grew by 21.9 % to 1.7 times .
The production of main consumer products grew or dropped significantly *PRO* subject to the restraints of market demands .
Some basic consumer goods and food *ICH* kept steady growth , among which candy , dairy products , beer , soft drink , cloth , and silk grew by 10 % to 19.2 % *T* .
Main durable consumer goods such as , washing machines , vacuum cleaners , room air - conditioners , color TVs , music centers , etc. grew by 10.7 % to 47.9 % ; bicycles , electric fans , exhaust fans , VCRs dropped by 0.4 % to 16.8 % .
-- The rate of industrial production and marketing had some growth , whereas exports grew considerably .
An annual industrial sales output value of 6.8354 trillion yuan was achieved * , *PRO* 10.7 % higher than that of last year , higher than the growth rate of the output of the same period .
The sales rate of industrial products was 96.2 % , 0.3 % higher than that of last year ; the export delivery value of industrial enterprises ' production for foreign trade export purposes was 954.5 billion yuan , 14.8 % higher than that of last year .
-- The level of economic benefits were recovered * back .
From January to November , the composite index of the economic benefits of nationwide 370,000 village and above village industrial enterprises with independent accountability was 89.4 % , 3.4 % higher than that of the same period last year .
The analysis of the State Statistical Bureau shows , last year , there were still certain problems *ICH* during the industrial economy operation , for instance , capital defaults increased , deficits were still serious , fundamental products such as energy resources , raw materials , etc. grew at low rates , the transfer of industrial structure was considerably slow , and all these are restraining factors assailing the further healthy development of an industrial economy .
This year , the spirit of National Economy Work Conference should be carried * through and implemented * , while *PRO* deepening State - owned enterprise reform and continuing * to reinforce restructuring , striving *PRO* to increase effective demands , improving supply quality , promoting the healthy and steady development of an industrial economy .
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