In The First Quarter, The Added Value Of Industries Above Designated Size Nationwide Dropped 8.4% Year On Year
On April 17, the State Council Information Office held a press conference on the operation of the national economy in the first quarter of 2020. Mao Shengyong, spokesman of the National Bureau of Statistics, said that in the first quarter, the added value of industries above designated size nationwide fell 8.4% year on year.
In terms of economic types, the value-added of state-owned holding enterprises in the first quarter fell by 6.0% year on year; Share holding enterprises declined by 8.4%, and foreign-invested enterprises, Hong Kong, Macao and Taiwan invested enterprises declined by 14.5%; Private enterprises declined 11.3%.
In terms of the three major categories, the added value of the mining industry dropped by 1.7%, the manufacturing industry dropped by 10.2%, and the power, heat, gas and water production and supply industries dropped by 5.2%.
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