China ’s added value of industries above designated size in October increased by 4.6%year -on -year, slightly higher than the previous value, and higher than market expectations.
Many media reported by China, data released by the National Bureau of Statistics on Wednesday (November 15) showed that the added value of industrial industries above designated size in October actually increased by 4.6%year -on -year.From a month -on -month perspective, the added value of industries above designated size in October increased by 0.39%over the previous month.From January to October, the added value of industries above designated size increased by 4.1%year -on -year.
In terms of three large categories, in October, the value -added of the mining industry increased by 2.9%year -on -year, the manufacturing industry increased by 5.1%, and the power, thermal, gas, and water production and supply industry increased by 1.5%.
Earlier, economists who were surveyed by the Wall Street Journal predicted that the added value of industrial industries above designated size in October will increase by 4.3%year -on -year.
China ’s added value of industries above designated size in September increased by 4.5%year -on -year, with a relatively advanced value.In July, it increased by 3.7%year -on -year, lower than the previous value, and significantly lower than expected.
In the first quarter of this year, the added value of industrial industries above designated size in China increased by 3.0%year -on -year, 0.3 percentage points accelerated from the fourth quarter of last year.
