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China's industrial value-added output of textiles up 8.1 percent

China's industrial value-added output of textiles up 8.1 percent Source: www.chinatexnet.com
Date: 25-11-2011
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China's industrial value-added output grew 13.2 percent year-on-year in October, down from September's 13.8-percent growth, the National Bureau of Statistics (NBS) said on Wednesday.

On a monthly basis, output increased by 0.9 percent from September, the NBS said in an online statement.

In the first 10 months, industrial value-added output increased 14.1 percent year-on-year, down 0.1 percentage points from the first nine months.

In October, the industrial value-added output of state-owned and state-held companies grew 8.9 percent year-on-year, while that of collectively-owned and joint-stock enterprises expanded by 9.2 percent and 15.1 percent, respectively.

Industrial value-added output for the heavy industry sector rose 13.7 percent from one year earlier, while that of the light industry sector climbed 12.1 percent.

All 39 of the country's industrial sectors posted gains in October, with textiles up 8.1 percent; chemical materials and products up 13.1 percent; general equipment manufacturing up 15.8 percent; and transportation equipment manufacturing up 11.3 percent.

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