China’s value-added industrial output up 6.6 percent in 2017

Thursday, 18 January 2018 10:44:44 (GMT+3)   |   Shanghai
       

In December last year, China's overall value-added industrial output increased by 6.2 percent year on year, with this growth rate 0.1 percentage point higher than that recorded in November, as announced by China's National Bureau of Statistics (NBS). Meanwhile, in the full year of 2017, China’s overall value-added industrial output increased by 6.6 percent year on year.

In December last year, of the 41 industrial sectors in China, 35 witnessed year-on-year increases in value-added industrial output. In the given month, a year-on-year decrease of 1.5 percent was recorded in value-added industrial output in the ferrous metal smelting and rolling sector, while respective year-on-year increases of 8.5 percent, 9.6 percent, 9.1 percent and 9.9 percent were recorded in value-added industrial outputs in 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.


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