Sign in | Join free

China's industrial value-added output up 12.4% in november

China's industrial value-added output up 12.4% in november Source: www.chinatexnet.com
Date: 09-12-2011
Visits: 195
Very Poor

China's industrial value-added output grew 12.4 percent year-on-year in November, the National Bureau of Statistics (NBS) announced Friday.

The figure was 0.8 percentage points lower than the October level, the NBS said in an online statement. On a monthly basis, the industrial value-added output increased by 0.91 percent.

In the first 11 months of 2011, the industrial value-added output increased 14 percent year-on-year, down 0.1 percentage points from the first 10 months.

In November, the industrial value-added output of state-owned and state-held companies rose 7.8 percent year-on-year, while that of collectively-owned and joint-stock enterprises expanded by 6.8 percent and 14.4 percent, respectively.

All 39 of the country's industrial sectors posted gains in November, with textiles up 10.1 percent; chemical materials and products up 14.5 percent; general equipment manufacturing up 14.2 percent; and, transportation equipment manufacturing up 11.4 percent.

The industrial value-added output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs.

Zhang Liqun, a researcher with the Development Research Center of the State Council, or China's Cabinet, said the slowdown in growth is "inevitable," as the market is "weak and uncertain."

In general, China's industrial activities are retreating at a steady pace, he said
like 198 Unlike 22
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Comment:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32341 Users
have already joined suntexasia.com. Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Email
Password
Enter the code
lzmch
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
 
Members Login
Already registered
Email
Password
Forgot your password
golden fees
Enter your e-mail address
Choose your room