China’s industrial value-added output rises 13.3 percent in November

Tuesday, 14 December 2010 12:23:21 (GMT+3)   |  
       

According to the data issued by China's Ministry of Industry and Information Technology (MIIT), in November this year the industrial value-added output of domestic large-scale enterprises in China was up 13.3 percent year on year, with this growth rate 0.2 percentage points higher than in October. During the first 11 months of the current year, the industrial value-added output figure registered a year-on-year increase of 15.8 percent, 0.3 percentage points lower than for the January-October period.

In addition, in November the ex-mill prices of industrial commodities climbed up by 6.1 percent from the same month of 2009. Meanwhile, purchasing prices for raw materials and fuels increased by 9.7 percent compared with the corresponding month of 2009.

In November, as the MIIT data indicate, China's sales volume and output of motor vehicles were respectively 1.76 million units and 1.70 million units, 10.10 percent and 13.67 percent higher than in the previous month, respectively.


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