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September 26, 2009

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Industrial output rises 8.1% in first 8 months

China's industrial output rose 8.1 percent in the first eight months from the same period last year, the Ministry of Industry and Information Technology said yesterday.

The growth rate was 7.6 percentage points lower than in the same period last year, but 1.1 percentage points higher than in the first half.

Last month, industrial output grew 12.3 percent year on year -- the largest since last September although August exports fell 23.4 percent.

China finished 662.4 billion yuan (US$96.98 billion) of industrial investment in August, up 23.1 percent. Total industrial investment was 4.73 trillion yuan in the first eight months, up 26.6 percent.


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