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Last updated at: (Beijing Time) Wednesday, October 16, 2002

China's Industrial Production Speeds Up

The September added value of China's national industrial output reached 282.5 billion yuan (34.16 billion US dollars), a 13.8 percent year-on-year growth, according to a report released by the National Bureau of Statistics (NBS) on Tuesday.


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The September added value of China's national industrial output reached 282.5 billion yuan (34.16 billion US dollars), a 13.8 percent year-on-year growth, according to a report released by the National Bureau of Statistics (NBS) on Tuesday.

The growth was 1.1 percentage points higher than that in August, the NBS said.

The total added value for Chinese industrial production for the first nine months of this year was 2,248.7 billion yuan, with a 12. 2 percent year-on-year growth.

The soaring output of electronics, telecommunications equipment and automobiles drove China's industrial production in September up 36.7 percent, 4.9 more percent than that of the previous month.

Statistics show the production of mobile computers, mobile phones and video recorders in September increased by over 40 percent. Color televisions increased 30.4 percent.

The production of cars reached 325,000 in September, up 35.1 percent compared with September last year, with sedan and truck numbers rising by 48.3 percent and 34.9 percent.

The total sales/output ratio of industrial products for the first nine months of this year reached 98.59 percent, up 0.31 percent year-on-year.

Industrial exports increased rapidly in September, reaching 182. 3 billion yuan, up 13.2 percent year-on-year.

The added value of heavy and light industrial production reached 173 billion and 109.5 billion yuan last month respectively, up 14.3 and 13.2 percent compared with the corresponding period last year.

State-owned industrial production in September reached 147.1 billion yuan, up 2.8 percent from the previous month. The added value of the stock companies rose 16.3 percent, 3.1 higher than for the previous month.


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