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Shanghai's gross industrial output up 0.2% in Jan-Apr

May. 17, 2012 (China Knowledge) - The gross industrial output of medium and large enterprises in Shanghai reached RMB 1.01 trillion in the first four months of this year, up 0.2% YoY, according to the latest statistics released by the Shanghai Statistics Bureau.

The gross output of light industry was RMB 223.34 billion, up 4.1% YoY, while that of heavy industry fell 0.8% YoY to RMB 785.76 billion.

The six pillar industries in Shanghai realized a combined RMB 668.90 billion in gross industrial output in from January to April, 0.1% more than that in the corresponding period of last year. The output of the electronics and information technology industry fell 7.2% YoY to RMB 198.79 billion, while that of the auto manufacturing industry grew 15.6% YoY to RMB 145.75 billion.

The petrochemical and fine chemical industry saw output drop 1.9% YoY to RMB 129.30 billion, and the output of high-quality steel products decreased 5% to RMB 54.34 billion.
The equipment manufacturing sector recorded an output value of RMB 117.68 billion, up 0.3%YoY. The biopharmaceutical industry generated RMB 23.04 billion in output value, 5.8% more than in the same period of last year.

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