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China's value-added industrial output up 9.5% in Jun

Jul. 13, 2012 (China Knowledge) - The value-added industrial output of medium-and large-sized enterprises in China rose 9.5% year on year in real terms in June this year, slowing from a 9.6% growth in May, said the National Bureau of Statistics today.
The value-added industrial output last month climbed 0.76% month on month.

The value-added output of heavy industry increased 9.6% YoY last month, while that of light industry rose 9.0%.

In June, the value-added industrial output of state-owned or state-funded enterprises rose 6.5%.The value-added industrial output of collective enterprises increased 7.4% and that of joint-stock enterprises increased 11.5%.
Forty of the 41 industrial sectors saw increases in value-added output last month. Value-added output increased 9.8% YoY in the textile industry, increased 11.3% in the chemical raw material and chemical product industry, increased 10.5% in the non-metal mineral product industry, increased 9.5% in the ferrous metal smelting and processing industry, increased 6.5% in the general-purpose equipment industry, increased 12.7% in the auto manufacturing sector and increased 9.6% in the telecom equipment, computer and electronics industry.

Industrial enterprises saw sales-to-output ratio fall 0.9 percentage points to 97.2% in May.

In the first six months, the country's value-added industrial output increased 10.5% YoY.

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