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The growth rate of industrial production dropped significantly. In 2008, the added value of industrial enterprises above designated size increased by 12.9% year-on-year, an increase of 5.6 percentage points over the previous year and 4.1 percentage points lower than the average growth rate of 2003-2007. 
The growth rate of heavy industry production has dropped significantly. In 2008, the added value of light and heavy industries increased by 12.3% and 13.2% respectively year-on-year, and the growth rate dropped by 4 and 6.4 percentage points from the previous year. The growth rate of light and heavy industries narrowed from 3.3 percentage points in the previous year to 0.9 percentage points. Looking at the month, the growth rate of heavy industry has been lower than the growth rate of light industry since October, and it has appeared for the first time since March 1999.
The growth of industrial products exports continued to slow down. In 2008, the export delivery value of industrial enterprises above designated size was 808.44 billion yuan, an increase of 10.8% over the previous year, and the growth rate dropped by 10.7 percentage points year-on-year. Among them, November and December decreased by 5.2% and 8.8% respectively. 
The profit growth of industrial enterprises declined, and the amount of losses rose sharply. From January to November, the accumulated profits of industrial enterprises above designated size reached 2,406.6 billion yuan, a year-on-year increase of 4.9%. The increase was 14.5 percentage points lower than that of January-August, down 31.8 percentage points year-on-year. The loss of loss-making enterprises was 487.9 billion yuan, an increase of 1.8 times. The profits of state-owned and state-controlled enterprises were 798.5 billion yuan, down 14.5%; the losses of loss-making enterprises were 319.9 billion yuan, up 3.4 times.
The increase in the occupancy of the two funds fell. At the end of November, the inventory of finished products of industrial enterprises above designated size occupied 2,311.3 billion yuan, up 25% year-on-year, and the growth rate dropped by 3.5 percentage points from the end of August, up 3.2 percentage points year-on-year. The net amount of accounts receivable was 4.506 billion yuan, up by 12.3%, down 3.7 percentage points from the end of August and down 6.5 percentage points year-on-year. 
The prices of production materials rose first and then fell, and fell rapidly in the fourth quarter. In December, the price of production materials in the circulation decreased by 3.7% from the previous month, and the decrease was 6.1 percentage points lower than that of the previous month; it decreased by 11.7% year-on-year, and the decrease was 5.3 percentage points higher than that of the previous month. The ex-factory price of industrial products fell by 1.1% year-on-year; the prices of raw materials, fuels and power fell by 1.3%.
In 2008, the price of production materials in circulation was up 13% year-on-year, and the increase was 8.5 percentage points year-on-year. The ex-factory price of industrial products rose by 6.9%, an increase of 3.8 percentage points over the same period of last year; the purchase price of raw materials, fuels and power increased by 10.5%, an increase of 6.1 percentage points. 
Overall situation of industrial economic operation in 2008
In 2008, all regions and departments thoroughly implemented the scientific development concept, conscientiously implemented the central government's various arrangements for economic work, actively responded to major challenges such as the extraordinary natural disasters and the international financial crisis, and strived to maintain a stable operation of the industrial economy. In the first eight months, industrial production maintained a steady and rapid growth trend. After September, affected by the rapid spread of the international financial crisis, the growth rate began to fall sharply. In response to the rapid changes in the situation, the state has timely introduced policies and measures to expand domestic demand and maintain growth. Industrial enterprises have also actively adjusted the pace of production and strengthened marketing management according to market changes. Thanks to the joint efforts of all parties, the overall industrial economy has maintained a good development trend throughout the year.