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China : Value-added of industry kept surging in October

China : Value-added of industry kept surging in October

Write: Vasiliki [2011-05-20]
In October, the value-added of the industrial enterprises that above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales income over 5 million yuan) increased 17.9 percent year-on-year.
The sales ratio of industrial products was 98.3 percent, rose by 0.04 percentage point over the same month of last year. Industrial enterprises achieved a total export delivery value of 657.1 billion yuan, a year-on-year rise of 18.5 percent.
In terms of main sectors, the growth rate of manufacture of textile, raw chemical materials and chemical products expanded respectively 15.3, 19.1, 22.7 and 17.8 percent; that of manufacture of general purpose machinery, transportation equipment manufacturing industry climbed 23.4, 24.8 and 23.7 percent correspondingly.
From January to October, the accumulated value-added of industrial enterprises above designated size achieved a year-on-year rise of 18.5 percent.