NBS: Value Added in Large Industries Ended Declines for Seven Consecutive Month in October

Published: Nov 15, 2021 13:25

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In October, the value added of the industrial enterprises above designated size actually increased by 3.5% year-on-year (the following value-added growth rates are all actual growth rates after deducting price factors), an increase of 10.6% from the same period in 2019, and an average increase of 5.2% over the two years.

SHANGHAI, Nov 15 (SMM) - In October, the value added of the industrial enterprises above designated size actually increased by 3.5% year-on-year (the following value-added growth rates are all actual growth rates after deducting price factors), an increase of 10.6% from the same period in 2019, and an average increase of 5.2% over the two years.

The added value of the industrial enterprises above designated size increased by 0.39% from September. From January to October, the value added of the industrial enterprises above designated size increased by 10.9% year-on-year, and the two-year average growth rate was 6.3%.

value added industrial

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