May. 21, 2012 (China Knowledge) - The value-added industrial output of enterprises of the designated size and above in Guangdong
Province rose 6.7% YoY to RMB 656.30 billion in the first four months of this year, slowing from a 13.7% growth in the same period of 2011, according to the latest statistics from the Guangdong
In April, the value-added industrial output grew 6.4 YoY to RMB 177.96 billion.
In the period from January to April, the value-added output of heavy industry increased 6.5% YoY, while that of light industry rose7.0%.
Of the 39 industrial sectors, 18 sectors saw faster growth in value-added output in the first four months than in the first quarter, while 21 industrial sectors experienced slower increases.
In the first quarter, these industrial enterprises reaped RMB 76.04 billion in gross profits, reflecting a narrowed decline of 16.3% YoY, and their core business revenue returned to positive growth of 4.8%.