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China's value-added industrial output up 10.1% in Nov

Dec. 10, 2012 (China Knowledge) - The value-added industrial output of medium-and large-sized enterprises in China rose 10.1% YoY in real terms in November this year, higher than a 9.6% growth in October, said the National Bureau of Statistics.

The value-added output of heavy industry increased 10.5% YoY last month, while that of light industry rose 9.2%.

In November, the value-added industrial output of state-owned or state-funded enterprises grew 7.2%.The value-added industrial output of collective enterprises increased 6.5%, while that of joint-stock enterprises and foreign invested enterprises increased 11.8% and 6.5%, respectively.

All of the 41 industrial sectors saw increases in value-added output last month. Value-added output increased 11.0% YoY in the textile industry, increased 12.3% in the chemical raw material and chemical product industry, increased 10.5% in the non-metal mineral product industry, increased 13.8% in the ferrous metal smelting and processing industry, increased 9.1% in the general-purpose equipment industry, increased 6.5% in the auto manufacturing sector and increased 12.6% in the telecom equipment, computer and electronics industry.

Industrial enterprises saw sales-to-output ratio fall 0.2 percentage points from a year earlier to 98% in November.

In the first eleven months, the country's value-added industrial output increased 10.0% YoY.

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