NBS: China’s value-added industrial output up 5.3 percent in Jan-Feb

Friday, 15 March 2019 11:36:35 (GMT+3)   |   Shanghai

In the January-February period of the current year, China's overall value-added industrial output increased by 5.3 percent year on year, with this growth rate down 0.4 percentage points compared to that recorded last December, as announced by China's National Bureau of Statistics (NBS). Meanwhile, In February, China’s overall value-added industrial output increased by 0.43 percent month on month.

In February this year, of the 41 industrial sectors in China, 38 witnessed year-on-year increases in value-added industrial output. In the given month, respective year-on-year increases of 4.4 percent, 7.5 percent, 7.9 percent and 8.0 percent were recorded in value-added industrial outputs in the general purpose machinery sector, the ferrous metal smelting and rolling sector, the railway, shipping, aerospace and other transportation equipment manufacturing sector, and the electrical equipment and machinery sector, while the automotive sector saw a year-on-year decrease of 5.3 percent in value-added industrial output.

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