Updated: 2/12/2019 10:19:39 AM
According to the National Bureau of Statistics, in December 2018, China's value-added industrial output above designated size actually increased by 5.7% year-on-year (the growth rate hereinafter refers to price-adjusted actual growth rate), 0.3 percentage point higher than November. It edged up 0.54% from the previous month. And it rose by 6.2% in January-December, 0.1 percentage point slower than that of January – November. By region, in December, the value-added industrial output grew 5.0% year-on-year in eastern regions, 8.3% in the central regions, 7.7% in the western regions and 7.5% in the northeast. By product, the production of 330 out of 596 kinds of products increased year-on-year.
Industrial output, officially called industrial value added, is used to measure the activity of certain large enterprises with annual turnover of at least CNY 20 million (about US$ 2.9 million).
The manufacturing output increased by 5.5% year-on-year in December and 6.5% in 2018. In December, the textile industry's value-added output upped by 0.2%, while it increased by 1.0% in January-December period. In the output of main products, the output of fabric rose 0.6% year-on-year to 4.8 billion meters in December and decreased by 0.1% to 49.9 billion meters in January-December, while the output of chemical fibers surged 9.1% to 4.64 million tons in December and rose 7.7% to 50.11 million tons in January-December.
Source: CHINA TEXTILE LEADER Express
Authority in Charge: China National Textile and Apparel Council (CNTAC)
Sponsor :China Textile Information Center (CTIC)
ISSN 1003-3025 CN11-1714/TS