China’s industrial value-added output up 13.9 percent

January 17th, 2012 - 11:33 am ICT by IANS  

Beijing, Jan 17 (IANS) China’s industrial value-added output growth decelerated in 2011 from a year earlier to 13.9 percent year-on-year, the National Bureau of Statistics (NBS) said Tuesday.

The full-year figure was down 1.8 percentage points from the growth rate of 2010, NBS chief Ma Jiantang said.

In December, the industrial value-added output was up 12.8 percent from a year earlier. On a monthly basis, industrial value-added output increased by 1.1 percent, Xinhua reported quoting Ma.

Industrial value-added output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labour costs.

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