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China's industrial production sees steady, robust growth in Jan, Feb: NBS spokesman

China

China's industrial production sees steady, robust growth in Jan, Feb: NBS spokesman
China

China

China's industrial production sees steady, robust growth in Jan, Feb: NBS spokesman

2025-03-17 17:14 Last Updated At:17:47

The rapid expansion of equipment manufacturing and high-tech manufacturing, coupled with the progress of new drivers for industrial development, has facilitated the steady and robust growth of China's overall industrial production, according to a spokesman for the National Bureau of Statistics (NBS).

Speaking at a press conference held in Beijing on Monday, Fu Linghui, the NBS spokesman, provided an overview of the country's industrial development across various sectors from multiple aspects including value added of industry, high-end manufacturing, new energy industry, and enterprise expectations.

Industrial production has continued to expand. Local governments across the country have intensified their efforts to support industrial production and enhance resource supply, thereby creating favorable conditions for sustained industrial growth, as noted by Fu.

"In the first two months [of 2025], the total value added of industrial enterprises above the designated size grew by 5.9 percent year on year, 0.1 percentage points higher than the previous year. The manufacturing sector rose by 6.9 percent, significantly outpacing the growth rate of the whole. Among them, the equipment manufacturing industry expanded by 10.6 percent, representing a 2.9-percentage-point increase over the previous year, providing substantial support for the steady and rapid growth of industrial production," said Fu.

Despite the relatively high growth rate of industrial output during the January-February period of 2024, China has achieved remarkable progress in the first two months of this year, underscoring the resilience of its industrial sector, according to Fu.

"The trend toward the industry' high-end and intelligent development is evident. In the context of accelerating integration of scientific and technological innovation and industrial innovation, cutting-edge technologies such as information technology and artificial intelligence (AI) are driving greater industrial transformation and increasingly serving as a new engine for industrial development. In the first two months, the value added of high-tech manufacturing increased by 9.1 percent year on year, which is 0.2 percentage points higher than last year," he said.

In breakdown, the output of industrial robots and integrated circuit chips rose by 27 percent and 19.6 percent, respectively, during the January-February period.

The large-scale application of domestic AI-based general-purpose large language models in key industrial sectors such as electronics and automobiles has accelerated, empowering industrial innovation and development. The growing demand for computing power has also fueled the rapid growth of related industries.

In the first two months, the value added of the digital product manufacturing industry increased by 9.1 percent year on year, while the output of servers surged by 73 percent, according to the spokesman.

Furthermore, the new energy industry is experiencing robust growth, with increasing utilization of green energy effectively promoting the green and low-carbon transformation of the economy, said Fu.

Additionally, breakthroughs in technologies such as AI, driven by positive and promising macroeconomic policies, have improved enterprise expectations as well.

"From January to February, the output of new energy vehicles and automotive lithium-ion power batteries increased by 47.7 percent and 37.5 percent, respectively, continuing to keep high growth rates. And both wind and solar power generation from industrial enterprises above the designated size have sustained double-digit growth. The purchasing managers' index (PMI) for the manufacturing sector reached 50.2 in February, up 1.1 percentage points from January, while new orders in the manufacturing sector stood at 51.1 percent in February, rising 1.9 percentage points from the previous month," said the spokesman.

China's industrial production sees steady, robust growth in Jan, Feb: NBS spokesman

China's industrial production sees steady, robust growth in Jan, Feb: NBS spokesman

The Iranian government is focusing on public concerns and maintaining stable supplies of essential goods amid recent protests, Iranian President Masoud Pezeshkian said in a televised interview on Sunday.

In the city of Karaj, northwest of the capital Tehran, daily life has largely continued as normal. A video filmed by a local resident on Sunday shows food stores open and grocery shelves fully stocked.

"This is the block near my home, and there are some food stores here. Daily life continues here. Last night we did not see many protests in Karaj. Right now the city is very safe. This is a grocery store close to my home. All the food is available; nothing is in shortage. Here are noodles and different types of beans. Here are dairy products, cheese, and yogurt. I also checked other grocery stores and didn't see any shortages. Everything is available," said local resident Ali Reza.

Iranian officials have described recent disturbances as acts orchestrated by the "enemy," including some carried out by well-trained and armed "terrorists." The incidents have caused casualties among security personnel and civilians, as well as property damage.

The Secretary of Iran's Supreme National Security Council Ali Larijani has directed authorities to severely punish the "terrorists."

Meanwhile, Iran's police chief Ahmad-Reza Radan said on Sunday that the police had raised alert levels and arrested several leaders of the troublemakers during the operations on Saturday.

President Pezeshkian noted in the interview that the normal demands of the Iranian people are reasonable and justified, but they must realize that triggering riots and carrying out terrorist acts are the enemy's attempts to undermine the country. He urged the public to remain vigilant.

Also on Sunday, Iranian Parliament Speaker Mohammad Baqer Qalibaf warned that Tehran would regard U.S. and Israeli bases and facilities in the Middle East as "legitimate targets" if Washington takes military action against Iran. His remarks followed media reports saying U.S. President Donald Trump is "seriously considering authorizing a strike" against Iran.

Iranian state media reported that at least 109 members of Iran's security forces have been killed in clashes since the protests began 14 days ago. Meanwhile, human rights groups based outside the country said the number of protesters killed has exceeded 200, though the figure could not be independently verified.

The protests initially erupted over a sharp depreciation of the rial and sweeping subsidy reforms. Iranian authorities have blamed the unrest on foreign-linked agents and sanctions imposed by the United States.

Iranian president says government focusing on ensuring supplies amid protests

Iranian president says government focusing on ensuring supplies amid protests

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