China's Mining Economy Shows Resilience, Mining Value-Added Up 4.8% in Jan-May
2026-06-24 15:10
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en.Wedoany.com Reported - According to the latest data from China's National Bureau of Statistics, China's mining economy continues to demonstrate resilient development, with accelerated progress in cultivating new growth drivers. In May, the value-added of industrial enterprises above the designated size increased by 4.5% year-on-year, with the mining sector's value-added rising by 2.3%. From January to May, the value-added of industrial enterprises above the designated size grew by 5.4% year-on-year, while the mining sector's value-added increased by 4.8%.

Industrial production growth picked up in May, with all three major categories achieving year-on-year increases. Among 41 major industrial sectors, 28 maintained growth in value-added. Specifically, the coal mining and washing industry grew by 3.5% year-on-year, the oil and natural gas extraction industry rose by 1.5%, and the ferrous metal smelting and rolling processing industry increased by 1.6%. In terms of product output, the production of ten non-ferrous metals reached 6.98 million tons, up 2.2% year-on-year; raw coal output remained at a relatively high level, with production by enterprises above the designated size reaching 400 million tons; crude oil output grew steadily, with production by enterprises above the designated size totaling 18.57 million tons, up 0.5% year-on-year.

Notably, the leading role of high-tech manufacturing continued to strengthen, and green transformation progressed steadily. New application scenarios such as "5G+", "AI+", and "Industrial Internet+" are emerging, driving rapid development of intelligent mining products. The output of industrial robots increased by 27.9% year-on-year. Driven by green transformation, the supply of green materials expanded, with the output of products like lithium carbonate rising by 20.8% year-on-year. Demand for new energy vehicles boosted lithium-ion battery production, which grew by 40% year-on-year. The energy consumption per unit of value-added for industrial enterprises above the designated size continued to decline, the clean energy transition deepened, and the construction of a clean and efficient energy supply system accelerated. Meanwhile, high-tech and high-value-added products became the main drivers of export growth, with the export advantages of green and low-carbon products further expanding. Exports of lithium batteries and wind power generation units increased by approximately 40%.

In terms of investment, the driving effect of mining investment was significant. From January to May, industrial investment increased by 0.1% year-on-year. Among this, investment in the mining sector grew by 6.2%, contributing 0.4 percentage points to the growth of total industrial investment, while investment in manufacturing decreased by 0.4% year-on-year, and investment in the production and supply of electricity, heat, gas, and water fell by 0.1% year-on-year. Within high-tech manufacturing investment, investment in the lithium-ion battery manufacturing industry surged by 24.9% year-on-year. Driven by the rapid development of artificial intelligence, the environmental monitoring and governance service industry also experienced relatively fast growth, increasing by 9.5% year-on-year.

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