China’s value-added industrial output expanded 4.8% year on year in November, official data showed. In the first 11 months of this year, China’s industrial output increased by 6% compared to the same period last year, according to data released by the National Bureau of Statistics.

The industrial output is used to measure the activity of large enterprises, each with an annual main business turnover of at least 20 million yuan (about US$2.8 million).

A breakdown of the data showed that the manufacturing sector’s value-added output grew by 4.6 percent.

By product, in January to November, the production of 310 out of 623 kinds of products increased year-on-year. Among them, fabric output decreased by 0.7% year-on-year in November to 2.8 billion meters and declined by 0.6% year-on-year from January to November to 27.8 billion meters. And the output of chemical fibers grew by 6.4% year-on-year in November to 7.56 million tons and increased 5.0% year-on-year to 79.32 million in January to November period.

Source: CHINA TEXTILE LEADER Express