Arab Today, arab today chinas industrial output growth unchanged in may
Last Updated : GMT 22:39:58
Arab Today, arab today
Arab Today, arab today

China's Industrial Output Growth Unchanged in May

Arab Today, arab today

Arab Today, arab today China's Industrial Output Growth Unchanged in May

China's industrial output rose 6%
Beijing - QNA

China's industrial output rose 6% year on year in May, unchanged from April, official data showed Monday. 
The pace of increase slowed from 6.8 percent registered in March and 6.1% posted in the same month of last year, according to data from the National Bureau of Statistics (NBS). 
Value-added industrial output, one of the leading indicators for economic growth, rose 0.45% in May from April, according to China's (Xinhua) News Agency. 
In the first five months, industrial output grew 5.9% from one year earlier, up from 5.8% registered during the January-April period. 
Value-added industrial output measures the output of Chinese companies with annual revenues above 20 million yuan (about 3 million US dollars). 
The output of the hi-tech and equipment manufacturing industries maintained strong growth, rising 11.5% and 8.5%, according to NBS. 
Manufacturing output expanded 7.2% in May. Mining output fell 2.3% and the output of the electricity, heating, gas and water sectors grew 2.4%, the NBS said.

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Arab Today, arab today chinas industrial output growth unchanged in may Arab Today, arab today chinas industrial output growth unchanged in may

 



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