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China targets 11% growth in value-added industrial output

Feb. 7, 2012 (China Knowledge) - China has set a target of 10% growth in its value-added industrial output for this year, said the Ministry of Industry and Information Technology today.

In 2011, 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, and the growth was higher than the 11% growth target for the last year set by the Chinese government.

The value-added output of the raw material industry rose 12.6% year on year in 2011, and that of the consumer product industry increased 14.1%.

There was a 15.1% increase in the value-added output of the equipment manufacturing industry and a 15.9% increase in the electronics industry.

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