China’s value-added industrial output up 8.3% in 2014

Tuesday, 20 January 2015 16:53:31 (GMT+3)   |  
       

In December last year, China's overall value-added industrial output increased by 7.9 percent year on year, as announced by China's National Bureau of Statistics (NBS) on January 20, with this growth rate 0.7 percentage points higher than the year-on-year increase rate recorded in November. In the whole of 2014, China’s overall value-added industrial output increased by 8.3 percent year on year.

In December, of the 41 industrial sectors in China, 39 witnessed year-on-year increases in value-added industrial output. In the given month, respective year-on-year increases of 8.0 percent, 7.3 percent, 8.5 percent, 15.2 percent and 7.7 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.