BEIJING: China’s value-added industrial output, an important economic indicator, went up 6.6 percent year on year in November, data from the National Bureau of Statistics (NBS) showed Friday.
The growth accelerated from the 4.6-percent rise registered in October, according to the NBS.
On a monthly basis, industrial output edged up 0.87 percent in November.
Most sectors logged faster industrial output growth rates in November compared with a month earlier. The output of equipment manufacturing expanded 9.8 percent year on year last month, up 3.6 percentage points from that in October and driving up the overall industrial output by more than 1 percentage point.
High-tech manufacturing registered a 6.2-percent increase in industrial output in November, up 4.4 percentage points from October, the data revealed.
High-tech products such as solar cells, service robots, and integrated circuits continued their stellar performance in November, with their output rising 44.5 percent, 33.3 percent, and 27.9 percent, respectively.
In the first 11 months, China’s industrial output grew 4.3 percent from the same period a year earlier, up 0.2 percentage points from the Jan.-Oct. growth, the NBS said.
The industrial output is used to measure the activity of enterprises each with an annual main business turnover of at least 20 million yuan (about 2.8 million U.S. dollars).
