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China's value-added industrial output up 13.9% in 2011

Jan. 17, 2012 (China Knowledge) - The value-added output of industrial enterprises with core business revenue of at least RMB 200 billion in China rose 13.9% year on year in 2011, said the National Bureau of Statistics today.

The value-added industrial output last month rose 12.8% year on year and 1.1% from November.

In 2011, the value-added output of heavy industry increased 14.3% from a year earlier, while that of light industry rose 13.0%.
The value-added industrial output of state-owned or state-funded enterprises rose 9.9% last year, while the value-added industrial output of collective enterprises increased 9.3% and that of joint-stock enterprises increased 15.8%.
All of the 39 industrial sectors saw increases in value-added output last year. Value-added output increased 8.3% year on year in the textile industry, increased 14.7% in the chemical raw material and chemical product industry, increased 18.4% in the non-metal mineral product industry, increased 17.4% in the general-purpose equipment industry and increased 15.9% in the telecom equipment, computer and electronics industry.
Industrial enterprises saw sales-to-output ratio fell 0.1 percentage points to 98.0% in 2011.
In the first 11 months of last year, these industrial enterprises earned a combined profit of RMB 4.66 trillion, 24.4% more than that in the same period of 2010.

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