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China's Industrial Output Growth Decelerates in 2012
Jan 18,2013 10:56CST
industry news
Source:SMM
China's industrial production growth slowed in 2012 from a year earlier to 10 percent year on year, the National Bureau of Statistics (NBS) announced Friday.

BEIJING, Jan. 18 (Xinhua) -- China's industrial production growth slowed in 2012 from a year earlier to 10 percent year on year, the National Bureau of Statistics (NBS) announced Friday.

The figure represents a 3.9 percentage points decline from the growth rate of 2011, said the NBS at a press conference in Beijing.

In December last year, the value-added industrial output increased 10.3 percent from a year earlier, picking up from 10.1 percent in November, the data showed.

Value-added industrial output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs.
 

China's industrial production
China NBS
China value-added industrial output

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