In October this year, China's overall value-added industrial output increased by 6.2 percent year on year, with this growth rate 0.4 percentage points lower than that recorded in September, as announced by China's National Bureau of Statistics (NBS). Meanwhile, in the January-October period of the current year, China’s overall value-added industrial output increased by 6.7 percent year on year.
In October this year, of the 41 industrial sectors in China, 34 witnessed year-on-year increases in value-added industrial output. In the given month, a year-on-year decrease of 1.3 percent was recorded in value-added industrial output in the ferrous metal smelting and rolling sector, while respective year-on-year increases of 9.6 percent, 11.0 percent, 7.4 percent and 11.1 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.