Affected by the country's macroeconomic changes and the sluggish real estate industry, the development of the building materials industry in Guangdong Province has slowed down. In the first four months of 2012, the total industrial output value and sales value of the above-scale building materials enterprises in Guangdong Province totaled 75.6 billion yuan and 72.1 billion yuan, down 9.5% and 10.2% respectively, and the main building materials such as cement, glass and ceramics. The output was mostly negative growth year-on-year.
As one of the nine pillar industries in Guangdong, the data show that the building materials industry in Guangdong Province showed a rapid growth trend last year, with an industrial added value of 126.9 billion yuan, a year-on-year increase of 17.5%; the sales value reached 463.6 billion yuan, an increase of 29.3%. In terms of exports, the province's building materials industry completed export delivery value increased by 25.7% in 2011, up 7% year-on-year, 20% higher than the national building materials industry average.
The slowdown in the growth rate of GDP and fixed asset investment this year has had a profound impact on the investment-driven building materials industry. In the first four months of this year, Guangdong's above-scale building materials enterprises have completed a total industrial output value of 75.6 billion yuan and a sales value of 72.1 billion yuan, a year-on-year decrease of 9.5% and 10.2% respectively. Although the output of major building materials products ranks in the forefront of the country, except for stone and paint, the output of most products is negative year-on-year. The output of cement concrete piles, flat glass and cement clinker decreased by 30%, 20% and 11.7% respectively.
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