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In first quarter, production of energy resources like coal, electricity, petroleum increased steadily. Production of steel grew a little bit slower than before. Export growth in machinery industry were slower than the same period last year but still maintained momentum of growth in the quarter.
The national output of coal were 431 million tons, increased by 12% from last year. Statistics shows, major state-owned coal mines saw a 4.8% output increase; local state-owned ones and private ones saw decrease of 11.3% and 14.8% respectively. Coal export were 16.07 million tons, 18% lower than before. In the end of March, coal inventory for exclusive use of power plants were 20 million tons, remaining in the normal level. Profit created by coal industry were RMB11.4 billion, 6.2% higher than the same period last year.
Concerning electricity, national electricity capacity were 606.8 billion kWh, increased by 11.1%; electricity generated by coal burning increased by 10.8%, those by water increased by 15.7%. Restriction in electricity application still existed in some regions, such as Hebei, Shanxi, Inner Mongolia, Henan, Guangdong, Guangxi, Sichuan, Yunnan province and Chongqing Autonomy City etc. Profit created by electricity industry were RMB21 billion, 51.1% higher than the same period last year.
The national output of crude oil were 45.45 million tons, increased by 1.7% from last year. Imported crude oil were 33.91 tons, 7.1 higher than last year. Crude oil being processed were 73.72 million tons, up 3.6%; output of petrol and derv increased by 31.% and 6.1% respectively. Output of natual gas were 15.9 billion cubic meters, up 31.3%. Profit created by petroleum & chemical industry were RMB102.1 billion, 25% higher than the same period last year. Chemical industry met a 2.9% profit slide to RMB18.1 billion.
Output of crude steel were 92.19 million tons, up 17.6%; gowth rate were decreased by 6.2 percentage points. Output of steel products were 102.02 million tons, up 21.7%; growth rate decreased by 0.7 percentage points. Steel products imported were 4.61 million tons, 22.7% less than before. Exported steel products were 6.47 million tons, 24.7% more than last year. Iron ore imported were 80.91 million tons, up 27.7%.
Following the price increase trend, in the end of March, aggregative indicator of domestic steel price has increased to 103.45 points, 9.27 points higher than the beginning this year but 35.13 points lower than last year. Price of steel coil (6.5mm) and steel bar (16mm ) were RMB3062 and 3027 yuan/ton, 14 and 27 yuan/ton higher than that in the end of 2005, decreased by 20.3% and 20.8% from 1st quarter 2005. Price of steel sheet (10mm), hot rolling steel sheet (16mm ) and cold rolling steel sheet were RMB3680, 4730 and 5459 yuan/ton, 523, 411 and 979 yuan/ton higher than that in the end of 2005, decreased by 29.8%, 20.1% and 30.4% from 1st quarter 2005. Profit created by metallurgy industry were RMB15.9 billion, 57.1% less than the same period last year.
Ourput value of machinery industry were RMB288.2 billion, up 21.5%, growth rate were increased by 7.3 percentage points. Value involved in successful export were RMB170.1 billion, up 26.6%, growth rate were decreased by 14.9 percentage points. Output of automobiles were 1.91 million sets, 36.3% higher than last year. Output of passenger car were 964,000 sets, increased by 70.5%. Output of harvest vehicle, middle and large size tractors, environmental protection facilities, CNC machine tools were increased by 84.7%, 67.1%, 37.7%, 19.4% respectively. Profit created by machinery industry were RMB4.87 billion, 53.5% higher than the same period last year. Automobile industry met a 87.4% profit soar to RMB15.3 billion.
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| 32240A bearing | 200 | 360 | 104 |
| 30240A bearing | 200 | 360 | 64 |