China's Industrial Output Growth Up As Exports Jump

Dec. 13, 2006
Output grew 14.9%

Booming exports helped China's industrial output pick up slightly in November after it hit the lowest growth rate for the year in October, official data showed Dec. 13. Industrial output, a key measure of the temperature of the world's fourth-largest economy, grew 14.9% last month compared with a year earlier, the National Bureau of Statistics said.

In the first 11 months of the year, industrial production rose 16.8% compared with the same period in 2005, according to an NBS statement.

Growth in China's industrial output had seen a general weakening after it peaked at 19.5% in June, slowing to 14.7% in October, according to previously released figures.

The slight rebound in November could reflect a gradual recovery among Chinese enterprises from the initial impact after the government introduced curbs on the construction sector mid-year, according to economists.

China maintained its status last month as supplier to the world, with industrial exports rising 20.6% from a year earlier to 550.6 billion yuan (US$70 billion.)

Copyright Agence France-Presse, 2006

Popular Sponsored Recommendations

Electric Vehicles Spark New Opportunities in the Automotive Industry

Dec. 4, 2023
Automakers have increased plans to produce Electric Vehicles to meet customer demand for low emissions. With this radical shift, new opportunities and challenges for the auto ...

Powering Up Productivity: The Transformative Power of AP Automation in Manufacturing

Oct. 25, 2023
Discover how AP Automation is revolutionizing the manufacturing industry, driving efficiency, cost savings, and security. In today's world, automation is the key to staying competitive...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Ecommerce Guide: How to Manage Order Volume Spikes

Oct. 2, 2023
Master the art of delivering a seamless ecommerce shopping experience! Learn how to streamline your operations to successfully manage seasonal sales order spikes.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!