In the January-April period of the current year, China's overall value-added industrial output increased by 9.4 percent year on year, as announced by China's National Bureau of Statistics (NBS) on May 13. Meanwhile, in April alone China's value-added industrial output rose by 0.87 percent month on month and was up by 9.3 percent year on year.
Of 41 industrial sectors, 40 witnessed year-on-year increases in value-added industrial output in January-April this year. In the given period, respective year-on-year increases of 9.2 percent, 10.5 percent, 12.9 percent, 10.6 percent and 1.5 percent were recorded in value-added industrial output in the ferrous metal smelting and rolling sector, the general purpose machinery sector, the automotive sector, the electrical equipment and machinery sector and in the railway, shipping, aerospace and other transportation equipment manufacturing sector.
In the January-April period, 321 industrial products saw year-on-year rises in output. China's finished steel output in the period totaled 87.61 million mt, up 8.1 percent. Furthermore, domestic automotive vehicle output amounted to 2.032 million vehicles, up 18.3 percent, while passenger car output totaled 1.098 million units, up 15.5 percent, all on year-on-year basis, according to the data issued by the National Bureau of Statistics.