In March this year, China's overall value-added industrial output increased by 8.5 percent year on year, with this growth rate 3.2 percentage points higher compared to that recorded in the January-February period of this year, as announced by China's National Bureau of Statistics (NBS). In the first quarter of the current year, China's overall value-added industrial output increased by 6.5 percent year on year.
In March this year, of the 41 industrial sectors in China, 40 witnessed year-on-year increases in value-added industrial output. In the given month, respective year-on-year increases of 8.5 percent, 14.1 percent, 13.6 percent and 15.2 percent were recorded in value-added industrial outputs in the ferrous metal smelting and rolling sector, the general purpose machinery sector, the railway, shipping, aerospace and other transportation equipment manufacturing sector, and the electrical equipment and machinery sector, while year-on-year rise of 2.6 percent was recorded in value-added industrial output in the automotive sector.