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China's Jan.-Feb. industrial value-added output up 14.1%

China's Jan.-Feb. industrial value-added output up 14.1%

Write: Davidson [2011-05-20]

China's industrial value-added output grew 14.1 percent in the first two months of this year, the National Bureau of Statistics (NBS) announced.
The growth rate during the first two months was up 0.6 percentage points compared to that in December last year, according to the figures released by the NBS.
During the period, industrial value-added output for heavy industries rose 14.4 percent from one year earlier, and that for light industries was up 13.3 percent.
All 39 industries saw year-on-year growth, with textiles up 7.7 percent; chemical materials and products up 15.3 percent; general equipment manufacturing up 22.4 percent; and transportation equipment manufacturing up 14.4 percent, the figures showed.
Almost 400 of 468 industrial products saw their output rise year on year in the first two months, with crude oil production up 5.5 percent to reach 33.72 million tonnes, electricity output up 11.7 percent to reach 677.3 billion kWh, and crude steel production up 12.6 percent to hit 114.18 million tonnes.
Meanwhile, cement output reached 204.29 million tonnes, up 9.1 percent.Vehicle output stood at 3.13 million units, up 10.3 percent, the figures showed.