Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's industrial output up 5.6 pct in first three quarters

October 18, 2019


Abstract : China's value-added industrial output, an important economic indicator, expanded 5.6 percent year on year in the first three quarters, the National Bureau of Statistics (NBS) said Friday.

BEIJING, Oct. 18 (Xinhua) -- China's value-added industrial output, an important economic indicator, expanded 5.6 percent year on year in the first three quarters, the National Bureau of Statistics (NBS) said Friday.

In September, the industrial output rose 5.8 percent year on year, up 1.4 percentage points from the growth rate in August, according to the NBS.

Industrial output, officially called industrial value added, is used to measure the activity of designated large enterprises with annual business turnover of at least 20 million yuan (about 2.8 million U.S. dollars).

In a breakdown by ownership, the output of state-controlled enterprises went up 4.7 percent year on year in the first three quarters, while that of joint-stock companies went up 6.9 percent and that of foreign-funded enterprises and enterprises with investment from Hong Kong, Macao and Taiwan increased by 1.4 percent.

The production and supply of electricity, thermal power, gas and water reported a year-on-year increase of 7 percent in the first three quarters, the fastest among the three major sectors, which also include mining and manufacturing.

Manufacturing output rose 5.9 percent year on year, and output growth of the mining sector rose 4.6 percent.

High-tech manufacturing led the overall industrial output growth with its 8.7-percent year-on-year increase.

Scan the QR code and push it to your mobile phone

Keyword: industrial output

Reading:

Economic slowdown dampens prospects for SMEs

China Yangzhong well demonstrates integrated industrial & city dev. amid global energy transformation​

China becomes key driver for green energy development: report

China's digital economy thrives with greater business vitality

BYD delivers over 50,000 electric buses globally

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial