China sees 16.9% rise in industrial output

China sees 16.9% rise in industrial output

China's industrial output rose 16.9% in the first two months of the year to Yuan 903.4 billion (around $109 billion), China's National Bureau of Statistics (NBS) said. Metallurgy output rose 26.8% to contribute 12.5% to the overall growth rate. Output of electronic products rose 19.1% and accounted for 9.8% of the total growth. Crude coal production increased 12.2%, while power generation output rose 12.1%. Output of pig iron for the January-February 2005 period saw a 27.1% increase. Crude steel production rose 22.9%, while steel products output jumped 19.4%.