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 Gross Industrial
Output Value is the total volume of industrial prod ucts sold or available for sale in
value terms which reflects the total achievem ents and overall scale of industrial
production during a given period. The gross industrial output value is calculated with
actory method? Data of the gros s industrial output value were adjusted in accordance with
the 1995 industrial c ensus. It includes the value of the finished products, the value of
industrial s ervices rendered to other units, and the changes in the value of the
semi-finish ed products and products in process between the beginning and closing of the
per iod. The changes between the new regulation and the old regulation: the first, c
alculating output value as whole price for ready source materials by themselves,
calculating output value as cost for processed with imported materials, the sec ond, the
changes producting circulation above six months for the value of the se mi-finished
products and products in process between the beginning and closing o f the period,
calculating output value in accordence with financial accounting i n current period, the
third, output value of current price excluded value added tax. It is not comparable with
the data before 1995. Industrial Enterprises above Limited Value refer to all
state-owned (including state-owned enterprises with exclusive investment, state-owned
joint ownership enterprises), and other non-state-owned industrial enterprises with a
nnual sales of over 5 million yuan.
Industrial Sector
Classification State drawed up the new industrial classification of China Industrial
Classification and Codes by Sector of the Nat ional Economy (GB/T4754-94 ). Industry is
classified into three categories, mini ng and quarrying, manufacturing, production &
supply of power,gas & water.Enterp rises are classified according to the use of
products or the materials used or t echnical purpose of production, it is not classified
according to enterprises ad ministration system.
Light Industry refers
to the industry that produces consumer goods a nd hand tools. It consists of two
categories depending on the materials used:
(a) Industries using farm products as raw materials. These are branc hes of light
industry which directly or indirectly use farm products as basic ra w materials, including
cotton, wool, hemp, silk reeling, textile and garment, le ather and related products,
paper making and paper products, food production, be verages production, tobacco
processing, etc.
(b) Industries using non-farm products as raw materials. These are branches of light
industry which use manufactured goods as raw materials, includ ing metal products for
daily use, chemical products for daily use, chemical fibe r and related products, salt,
glass & pottery products for daily use, farm tools in iron, farm tools in bamboo,
craftsman tools, etc.
Heavy Industry refers
to the industry which produces capital goods, and provides various sectors of the national
economy with necessary material and technical basis. It consists of the following three
branches according to the p urpose of production or the use of products:
(a) Mining, Quarrying and Logging Industry refers to the industry th at extracts
natural resources, including extraction of petroleum, coal, metal an d non-metal ores and
logging.
(b) Raw Materials Industry refers to the industry that provides vari ous sectors of the
national economy with raw materials, fuels and power. It incl udes smelting and processing
of metals, coking and coke chemistry, chemical mate rials and building materials such as
cement, plywood, and power, petroleum refin ing and coal dressing.
(c) Manufacturing Industry refers to the industry that processes raw materials. It
includes machine building industry which equips sectors of the na tional economy,
industries of metal structure and cement products,industries pro ducing means of
agricultural production, such as chemical fertilizers and pestic ides.
Large, Medium,
Small-sized Enterprises There are two method of class ification according to state unified
standard. Industrial enterprises which prod uce unitary products areclassified according
to production capacity,i.e. electri city, coal, crude oil, steel, non-ferrous metals,
sulfuric acid, caustic soda, s oda ash, synthetic ammonia, power sets, motor vehicles,
tractors, watch, sewing machine,bicycle. Industrial enterprises which produce
multi-products are classi fied by original value of fixed assets.
Capital Obtained
refers to capital actually received by the enterpri se from investors. It can be further
classified by investors as state capital, c ollective capital, corporate capital,
individual capital,foreign capital and cap ital from Hong Kong, Macao and Taiwan.Of which,
state capital is the venture cap ital by the government departments or the government
apparatus from state-owned assets, foreign capital is the venture capital by investors
from foreign, Hong K ong, Macao and Taiwan capital is the venture capital by investors
from Hong Kong , Macao and Taiwan.
Sales Revenue of
Industrial Products refers to the revenue from the sales of products by industrial
enterprises and the revenue from services provid ed, etc. Sales revenue of industrial
products are calculated in accordance with the regulation of the new accounting system the
products have been send out, s ervice fees have been drawn, amounts are calculated in
accordance with the princ iples of the receipt for money paid? Sales revenue of industrial
products incl ude value added tax in 1994 on the basis of the classification of channels
for c ollection of tax revenue, it is not comparable with the data of before 1994.
Sales Cost of
Industrial Products refers to the actual cost of produ cts of industrial enterprises and
industrial services provided, etc. It is calcu lated by making cost method, is different
the cost by totally cost method wit ht he old regulation. Totally cost method includes all
cost, making cost method inc ludes only the relative costs of production and operation,
put other costs into profits and loss in the current period.
Sales Expenses of
Industrial Products refers to the expenses of sell ing products of industrial enterprises
and industrial services provided, which i s included the expenses on transportation, load
and unload, package, insurance,exhibition, advertisement and wage of staff and workers of
sales department, wel fare, business. It is not comparable with the data of before 1994.
Tax and Extra Charges
on Sales of Products In accordance with the cl assification of the structure of the
government finance in 1994 on the basis of the classification of channels for collection
of tax revenues, had revoked prod ucttax, sales revenue include value added tax. New tax
and extra charges on sale s of products include the tax on consumption tax, city
maintenance and construct ion, resources tax and extra charges for education,which is not
comparable with the data before 1994.
Sales Profit of
Products refers to the profit gained by the enterpri ses by deducting cost, charges and
taxes from the business income of the ente rp rises obtained in selling products and
providing industrial services. Sales reve nue of industrial products, sales cost of
industrial products, sales expenses of industrial products, tax and extra charges on sales
of products by reason of ch anges, thus sales profit of products is not comparable with
the data before 1994 .
Business Profits
refers to the profits on producting and operating by the enterprises, including main
operating profits and other profits. Business profits are the business income minus
business costs, business expenses (includi ng expenses of sales, overhead costs, financial
expenses), business taxes.
Total Profits refers to
the profits gained by the enterprises in a c ertain period (express loss making), which
reflects the economic efficiency from various aspects, it is the result of the final
finance, is key indicator for comprehensively measuring the management levels of
production and operation. Total profits added investment income, is not comparable with
the data before 1994.
Total Value of Profit
and Tax (Pre-tax) refers to the sum of the tot al net profits, products sales tax &
surcharges and the value added tax payable of industrial enterprises, namely pre-tax
profits.
Total Energy
Consumption refers to the total consumption of energy o f various kinds by industrial
enterprises on producing process, includes raw mat erials, fuels and power, craft.
Energy Conversed to
Ton-standard-coal Various energies are conversed into the standard coal equivalent,because
the unit of original calculationis no t same, heat value is not same.
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