From January to April, China imported 9.52 million tons of primary shape plastics, up 15.6% year-on-year.

From January to April, the added value of China's industrial enterprises above designated size increased by 6.7% year-on-year. In terms of industries, in April, 36 of the 41 major industries maintained an increase in value added.

Production situation

Statistics show that from January to April, the output of China's plastic products was 23.858 million tons, up 4.7% year-on-year; the output in April was 6.472 million tons, up 0.9% year-on-year.

From January to April, the output of primary form plastics was 28.339 million tons, up 4.9% year-on-year; the output in April was 7.084 million tons, up 4.5% year-on-year.

Import and export situation

From January to April, China exported 3.46 million tons of plastic products, up 12.3% year-on-year; the export value was 81.75 billion yuan, up 21.2% year-on-year. In April, the export volume was 980,000 tons, an increase of 5.4% year-on-year; the export value was 24.07 billion yuan, a year-on-year increase of 10.04%.

From January to April, China imported 9.52 million tons of primary-shaped plastics, up 15.6% year-on-year; the import value was 108.55 billion yuan, up 30.1% year-on-year. In April, the import volume was 2.09 million tons, down 4.6% year-on-year; the import value was 24.62 billion yuan, up 10.2% year-on-year.

Trends in the export value of China's plastic products from January 2016 to April 2017

China's foreign trade export leading index rebounded in April

In April, China’s foreign trade export pilot index was 40.7, up 0.5 from last month. Among them, according to the online questionnaire data, the Chinese export manager index rebounded by 1 to 44.8 in the month; the new export order index and the enterprise comprehensive cost index rose 1.8, 1.2 to 48.2, 23.2, respectively, and the export manager confidence index fell 0.4 to 50.5. .

Expert interpretation

From January to April, the added value of China's industrial enterprises above designated size increased by 6.7% year-on-year, and the growth rate was 0.1 percentage points lower than that of the first quarter. It is a relatively high level since 2015, and industrial production continues to be stable and good.

Industrial production in January-April has three characteristics:

First, more than 70% of the product output achieved year-on-year growth. In the first four months of the year, 456 of the 596 products produced achieved year-on-year growth, with a growth rate of 76.5%. Among them, high-performance chemical fibers, rare earth compounds, monocrystalline silicon, optoelectronic devices, lithium-ion batteries, integrated circuits, safety automation monitoring equipment, construction engineering machinery, industrial robots, railway wagons, and civilian drones have maintained rapid growth.

Second, traditional industries continue to resume growth. Among them, the production of special vehicles such as trucks, civil ships and mining, metallurgy, construction and building materials continued to grow; the production of energy raw materials such as coal, steel and cement rose from last month.

Third, the supporting role of high-tech industries and equipment manufacturing is obvious. From January to April, the high-tech industry and equipment manufacturing industry increased by 13.1% and 11.5% respectively, and the growth rate was higher than the growth rate of industrial enterprises above designated size by 6.4 and 4.8 percentage points respectively. Among them, industries such as medicine, marine engineering equipment, lithium-ion batteries, urban rail transit, integrated circuits, and communication equipment maintained rapid growth. New industries such as industrial robots and new businesses such as shared bicycles have continued to drive substantial growth in related industrial output.