Sep. 10, 2012 (China Knowledge) - The value-added industrial output of medium-and large-sized enterprises in China rose 8.9% year on year in real terms in August this year, slowing from a 9.2% growth in July, said the National Bureau of Statistics
The value-added industrial output last month climbed 0.69% month on month.
The value-added output of heavy industry increased 9.0 % YoY last month, while that of light industry rose 8.6%.
In August, the value-added industrial output of state-owned or state-funded enterprises rose 5.3%.The value-added industrial output of collective enterprises increased 6.6% and that of joint-stock enterprises increased 10.4%.
Forty of the 41 industrial sectors saw increases in value-added output last month. Value-added output increased 10.8% YoY in the textile industry, increased 10.5% in the chemical raw material and chemical product industry, increased 10.5% in the non-metal mineral product industry, increased 6.8% in the ferrous metal smelting and processing industry, increased 7.9% in the general-purpose equipment industry, increased 9.7% in the auto manufacturing sector and increased 9.9% in the telecom equipment, computer and electronics industry.
Industrial enterprises saw sales-to-output ratio fall 0.3 percentage points to 98.4 % in August.
In the first eight months, the country's value-added industrial output increased 10.1% YoY.