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
Economy

China's industrial output up 9.8 pct in April

May 17, 2021


Abstract : China's value-added industrial output, an important economic indicator, went up 9.8 percent year on year in April as factory activities continued to pick up, data from the National Bureau of Statistics (NBS) showed on Monday.

Workers assemble cars at a workshop of an automobile manufacturer in Qingzhou City of Weifang, east China's Shandong Province, April 16, 2021. (Photo by Wang Jilin/Xinhua)

BEIJING, May 17 (Xinhua) -- China's value-added industrial output, an important economic indicator, went up 9.8 percent year on year in April as factory activities continued to pick up, data from the National Bureau of Statistics (NBS) showed on Monday.

The figure was up 14.1 percent from the level seen in 2019, bringing the average growth for the past two years to 6.8 percent, NBS data shows.

In the first four months, industrial output rose 20.3 percent year on year, resulting in an average two-year growth of 7 percent.

Industrial output is used to measure the activity of designated large enterprises with annual business turnovers of at least 20 million yuan (about 3.11 million U.S. dollars).

The private sector's output increased 11.2 percent year on year in April, and the output of state-controlled enterprises rose 8.6 percent.

The manufacturing sector's output jumped 10.3 percent year on year in April while the mining sector saw output increase 3.2 percent.

Last month, the equipment manufacturing output and the high-tech manufacturing output respectively expanded 13.1 percent and 12.7 percent.

China's economic operations further stabilized in April, said the NBS, calling for more efforts to consolidate the growth amid a complicated epidemic situation and uneven global economic recovery. Enditem

Scan the QR code and push it to your mobile phone

Keyword: value-added industrial output

Reading:

China tops the world with over 38pct 5G standard essential patent declarations, MIIT

​Hainan free trade port eyes foreign capital to boost medical dev.

New institute for the development of climate-neutral processes launched

Conference: Situation in Germany's offshore wind power industry remains difficult

China's textile sector sees steady expansion

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