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 2.2 pct in November

December 15, 2022


Abstract : China's value-added industrial output, an important economic indicator, went up 2.2 percent year on year in November, data from the National Bureau of Statistics (NBS) showed Thursday.

Visitors view a vehicle at the booth of ORA, a sub-brand of Chinese automaker Great Wall Motors, during the China Motor Show (Tianjin) 2022 in north China's Tianjin, Nov. 10, 2022. (Xinhua/Zhao Zishuo)

BEIJING, Dec. 15 (Xinhua) -- China's value-added industrial output, an important economic indicator, went up 2.2 percent year on year in November, data from the National Bureau of Statistics (NBS) showed Thursday.

"The industrial output remained stable in November despite the short-term impact of the pandemic," Tang Weiwei, an official with the NBS, said Thursday.

In the first 11 months, the mining output climbed by 7.6 percent compared with the previous year. The manufacturing sector's output rose 3.3 percent, and the production and supply of electricity, heat, gas and water went up 4.8 percent.

In terms of products, the output of new energy vehicles registered a 60.5-percent year-on-year increase in November, while that of solar batteries increased 68.6 percent year on year, according to the NBS data.

"China's industrial transformation and upgrading trends have not changed," Tang said, adding that the industrial production is expected to accelerate recovery as the optimization of COVID-19 prevention and control measures and the pro-growth measures are taking effect.

The industrial output is used to measure the activity of large enterprises each with an annual main business turnover of at least 20 million yuan (about 2.88 million U.S. dollars).

Scan the QR code and push it to your mobile phone

Keyword: industrial output

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