Predication of the Industrial Growth Rate in 2014 and Analysis and Report on the Industrial Prospect Index and the Early Warning Index

Abstract

In 2014, China’s industrial production growth was an apparent fallout, the growth of industrial investments continued to slow down, exports of industrial production maintained a moderate rate, profitability of industrial enterprises continued to improve, the contradiction between the supply and demand of industrial products became more intense, and industrial electricity consumption declined significantly. There were the following advantages in industrial growth: more prompt macroeconomic regulation and control, satisfactory consumption which came about from the situation of stable employment and steady prices, reform measures effectively promoting the growth of new-type enterprises and new business, and the expanding production and business activities. However, there were also some adverse factors, such as, a continually downward trend in investments, restricted enterprise production space during destocking, insufficient foreign demand because of the bad situation of the world’s economy, and problems in the operations of the enterprise. According to the analysis of the synthetic index of industrial prosperity, expectedly in 2015, the growth rate of the annual added value of industrial enterprises above the designated size is expected to reach around 8.6%.