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Sources Xinhua
China’s industrial output continued to post firm growth in October, supported by sustained efforts to advance high-end, intelligent and green industrial development, according to official data released Friday by the National Bureau of Statistics (NBS).
Value-added industrial output rose 4.9 percent year-on-year in October, reflecting steady momentum across key sectors. For the first ten months of the year, industrial output expanded 6.1 percent compared to the same period last year. Industrial output measures production among large enterprises with annual main business revenues of at least 20 million yuan (about USD 2.8 million).
NBS data showed broad-based improvements across major industries. Manufacturing output increased 4.9 percent, while the mining sector recorded 4.5 percent growth. Production in electricity, heat, gas and water supply rose 5.4 percent, underscoring stable performance in essential services.
NBS spokesperson Fu Linghui said the solid industrial growth in October played an important role in supporting overall economic stability. Of the 41 major industrial categories, 29 posted year-on-year increases. The equipment manufacturing sector grew 8 percent, strengthening its role as a key driver of overall industrial activity.
Fu added that China’s high-end upgrading and digital transformation gained further traction during the month. Value-added output in high-tech manufacturing increased 7.2 percent, while digital product manufacturing rose 6.7 percent year-on-year. New energy-related production also remained strong, with output of lithium-ion batteries for automobiles up 30.4 percent and new energy vehicles rising 19.3 percent.
Fu emphasized that these emerging growth areas continue to inject new momentum into China’s industrial system, contributing to stable and resilient economic performance.
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