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China's value-added industrial output up 10% in Jan-Sep

Oct. 19, 2012 (China Knowledge) - The value-added industrial output of medium and large size enterprises in China rose 10% YoY in real terms in the first nine months of this year, said the National Bureau of Statistics.
The value-added output of heavy industry increased 9.7% YoY in the first nine months, while that of light industry rose 10.4%.
In the same period, the value-added industrial output of state-owned enterprises rose 6.3%, while the value-added industrial output of collective enterprises increased 7.6% and that of joint-stock enterprises increased 11.8%.
From January to September, value-added output increased 12.5% YoY in the textile industry, increased 11.4% in the chemical raw material and chemical product industry, increased 11.1% in the non-metal mineral product industry, increased 7.9% in the general-purpose equipment industry and increased 11.3% in the telecom equipment, computer and electronics industry.
Industrial enterprises saw sales-to-output ratio fell 0.5 percentage points to 97.8% in the nine-month period.

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