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China's value-added industrial output up 9.2% in Jul

Aug. 9, 2012 (China Knowledge) - The value-added industrial output of medium-and large-sized enterprises in China rose 9.2% year on year in real terms in July this year, slowing from a 9.5% growth in June, said the National Bureau of Statistics today.
The value-added industrial output last month climbed 0.66% month on month.

The value-added output of heavy industry increased 8.8% YoY last month, while that of light industry rose 10.1%.
In July, the value-added industrial output of state-owned or state-funded enterprises rose 4.8%.The value-added industrial output of collective enterprises increased 7.1% and that of joint-stock enterprises increased 10.9%.
Forty of the 41 industrial sectors saw increases in value-added output last month. Value-added output increased 11.8% YoY in the textile industry, increased 10.6% in the chemical raw material and chemical product industry, increased 10.3% in the non-metal mineral product industry, increased 9% in the ferrous metal smelting and processing industry, increased 6.5% in the general-purpose equipment industry, increased 9.8% in the auto manufacturing sector and increased 10.9% in the telecom equipment, computer and electronics industry.

Industrial enterprises saw sales-to-output ratio fall 0.6 percentage points to 98.2 % in July.

In the first seven months, the country's value-added industrial output increased 10.3% YoY.

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