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China's value-added industrial output up 11.4% in Jan-Feb

Mar. 12, 2012 (China Knowledge) - The value-added industrial output of medium and large size enterprises in China rose 11.4% year on year in real terms in the first two months of this year, slowing from a 12.8% growth in December, said the National Bureau of Statistics.
The value-added output of heavy industry increased 10.9% year on year in the first two months, while that of light industry rose 12.7%.
In the same period, the value-added industrial output of state-owned or state-funded enterprises rose 7.3%, while the value-added industrial output of collective enterprises increased 9.9% and that of joint-stock enterprises increased 13.9%.
All of the 41 industrial sectors saw increases in value-added output. Value-added output increased 14.1% year on year in the textile industry, increased 13.4% in the chemical raw material and chemical product industry, increased 15.6% in the non-metal mineral product industry, increased 8.6% in the general-purpose equipment industry and increased 10.9% in the telecom equipment, computer and electronics industry.
Industrial enterprises saw sales-to-output ratio fell 0.2 percentage points to 97.6% in during the period.

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