China’s value-added industrial output up 5.8 percent in Q1
In March this year, China’s overall value-added industrial output increased by 6.8 percent year on year, with this growth rate 0.64 percentage points higher than that recorded in February, as announced by China’s National Bureau of Statistics (NBS). Meanwhile, in the January-March period this year, China’s overall value-added industrial output increased by 5.8 percent year on year.
In the January-March period of the current year, of the 41 industrial sectors in China, 38 witnessed year-on-year increases in value-added industrial output. In the given period, respective year-on-year increases of 3.3 percent, 6.0 percent, 11.4 percent, 3.3 percent and 9.4 percent were recorded in value-added industrial outputs in the ferrous metal smelting and rolling sector, the general purpose machinery sector, the automotive sector, the railway, shipping, aerospace and other transportation equipment manufacturing sector, and the electrical equipment and machinery sector.