China’s value-added industrial output up 6.2 percent in 2018

Tuesday, 22 January 2019 11:14:39 (GMT+3)   |   Shanghai
       

In December last year, China's overall value-added industrial output increased by 5.7 percent year on year, with this growth rate 0.3 percentage points higher compared to that recorded in November year, as announced by China's National Bureau of Statistics (NBS). In the full year of 2018, China's overall value-added industrial output increased by 6.2 percent year on year.

In December last year, of the 41 industrial sectors in China, 37 witnessed year-on-year increases in value-added industrial output. In the given month, respective year-on-year increases of 9.2 percent, 6.5 percent, 13.8 percent and 10.1 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 a year-on-year decrease of 4.1 percent was recorded in value-added industrial output in the automotive sector.


Similar articles

Rises in ex-China rebar prices push up ex-ASEAN offers

19 Apr | Longs and Billet

Asian wire rod prices increase, outlook also positive thanks to China

18 Apr | Longs and Billet

Tradable import billet prices fail to improve in SE Asia, demand focused on traders taking positions

18 Apr | Longs and Billet

Chinese HDG export prices rise amid hikes in local and futures prices

18 Apr | Flats and Slab

Local Chinese scrap prices increase, demand recovery limited

17 Apr | Scrap & Raw Materials

Ex-ASEAN deal prices increase amid stronger China, demand mostly from MENA

16 Apr | Longs and Billet

Ex-China HRC prices relatively stable but with some upward bias amid improved mood locally

16 Apr | Flats and Slab

Ex-ASEAN rebar prices may bottom up as China attempts increases

12 Apr | Longs and Billet

Import HRC prices in Vietnam edge up amid Chinese hikes

10 Apr | Flats and Slab

Asian billet market start to rebound, but activity limited due to holidays

10 Apr | Longs and Billet