Related News
China's October industrial output slows to 7.7%
Online Edition
China's industrial output grew 7.7 percent year on year in October, down from an 8-percent increase in September, official data showed on Thursday.
On a month-to-month basis, industrial output in October rose 0.52 percent from the previous month, lower than the 0.91-percent growth recorded in September, the National Bureau of Statistics (NBS) said in a statement.
For the first 10 months, industrial production growth decelerated to 8.4 percent year on year, down 0.1 percentage points from the first nine months of 2014, the NBS said.
China uses industrial production, officially called industrial value added, to measure the business activities of designated large enterprises, each with annual turnover of at least 20 million yuan (US$3.25 million).
Industrial production accounted for 44.2 percent of China's total GDP in the first nine months of 2014, making it one of the best leading indicators for China's GDP growth.
China's industrial output growth slowed sharply to 6.9 percent in August, the weakest growth since December 2008.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
