China's industrial value-added output rises 13.2 percent in October

Friday, 11 November 2011 16:46:42 (GMT+2)

China's industrial value-added output grew 13.2 percent year on year in October this year, down 0.6 percentage points on the growth rate recorded in September, China's National Bureau of Statistics (NBS) has announced. In October, output increased by 0.9 percent as compared to September.

Meanwhile, China's industrial value-added output rose 14.1 percent year on year during the first 10 months of the current year.

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