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Construction 2022

Updated: Apr 7, 2023 National Bureau of Statistics Print
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By the end of 2022, the installed power generation capacity was 2,564.05 million kilowatts, up by 7.8 percent over that at the end of 2021, among which the installed thermal power generation capacity was 1,332.39 million kilowatts, up by 2.7 percent; the installed hydropower generation capacity was 413.50 million kilowatts, up by 5.8 percent; the installed nuclear power generation capacity was 55.53 million kilowatts, up by 4.3 percent. The installed grid-connected wind power generation capacity was 365.44 million kilowatts, up by 11.2 percent and the installed grid-connected solar power generation capacity was 392.61 million kilowatts, up by 28.1 percent.

In 2022, the profits made by industrial enterprises above the designated size were 8,403.9 billion yuan, down by 4.0 percent over the previous year. By ownership, the profits of state-holding enterprises were 2,379.2 billion yuan, up by 3.0 percent over the previous year; those of share-holding enterprises were 6,161.1 billion yuan, down by 2.7 percent; those of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan were 2,004.0 billion yuan, down by 9.5 percent; and those of private enterprises were 2,663.8 billion yuan, down by 7.2 percent.

In terms of different sectors, the profits of mining were 1,557.4 billion yuan, up by 48.6 percent over the previous year; those of manufacturing were 6,415.0 billion yuan, down by 13.4 percent; and those of the production and supply of electricity, heat power, gas and water were 431.5 billion yuan, up by 41.8 percent.

In 2022, the cost for per-hundred-yuan business revenue of the industrial enterprises above the designated size was 84.72 yuan, or 0.91 yuan more than that of 2021; the profit rate of the business revenue was 6.09 percent, down by 0.64 percentage points.

By the end of 2022, the asset-liability ratio of industrial enterprises above the designated size was 56.6 percent, 0.3 percentage points higher than that at the end of 2021. The national industrial capacity utilization rate was 75.6 percent in 2022.

In 2022, the value added of construction enterprises in China was 8,338.3 billion yuan, up by 5.5 percent over the previous year. The profits made by construction enterprises qualified for general contracts and specialized contracts reached 836.9 billion yuan, down by 1.2 percent over the previous year, of which the profits made by state-holding enterprises were 392.2 billion yuan, up by 8.4 percent.

Value Added and Growth Rates of Construction Industry 2018-2022 [Source: National Bureau of Statistics]

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