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Beijing's value-added industrial output up 6.8% in Jan-Nov

Dec. 13, 2012 (China Knowledge) - The value-added industrial output of medium-and large-sized enterprises in Beijing rose 6.8% YoY in the first eleven months of this year, according to the latest statistics released by the Beijing Statistics Bureau.

From January to November, the city saw its value-added industrial output of state-owned or state-funded enterprises grow 13.7%. The value-added industrial output of collective enterprises increased 7.5%, while that of joint-stock enterprises increased 4.3% YoY.

The value-added output of heavy industry increased 7.5% YoY during the eleven-month period, while that of light industry rose 4.7% YoY.

Twenty of the 39 industrial sectors saw increases in value-added output in the first eleven months. Value-added output increased 6.5% YoY in the automobile industry, increased 13.4% in the medicine manufacturing industry and increased 9.5% in the telecom equipment, computer and electronics industry.

In the first eleven months of this year, Beijing's industrial enterprises saw sales-to-output ratio grow 0.8 percentage points from a year earlier to 98.9%.

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