China's industrial production up 8.3 percent in 2014


(MENAFN) According to the National Bureau of Statistics (NBS), industrial output in China grew 8.3 percent in 2014 on-year, down from 9.7 percent logged in 2013, Xinhua reported.

China uses industrial production to measure the activity of designated large enterprises, each with annual turnover of at least USD3.27 million, the NBS data showed.

In a breakdown, the output of manufacturing rose 9.4 percent, for mining that added 4.5 percent and growth for electricity, heating, gas and water was 3.2 percent, the NBS said.

The NBS said industrial output of state-owned and state-controlled enterprises saw 4.9-percent growth year on year in 2014, while that of joint stock companies expanded by 9.7 percent.


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