China's Value-Added Industrial Output Rose 7.3% in December
Xu Wei
DATE:  Jan 18 2021
/ SOURCE:  Yicai
China's Value-Added Industrial Output Rose 7.3% in December China's Value-Added Industrial Output Rose 7.3% in December

(Yicai Global) Jan. 18 -- Big Chinese industrial firms increased their value-added output by 7.3 percent last month from a year ago, which is more than expected.

The value-added industrial output, which measures the activity of designated large enterprises with annual turnover of at least CNY20 million (USD3.1 million), climbed by 2.8 percent in 2020 from 2019, the National Bureau of Statistics said today.

The December figure was predicted to be 6.9 percent up from a year ago, according to a survey done by Yicai Global among chief economists.

Editor: Emmi Laine
 

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Keywords:   The National Bureau of Statistics of China,value-added output,Economy