China's industrial output growth falls to 5.4% in November

[2008-12-23 17:03:47]

    China's industrial output rose 5.4percent year-on-year in November, 2.8 percentage points lower than October, the National Bureau of Statistics (NBS) said on Monday.



The pace of growth, which decelerated f a fifth straight month, was 11.9 percentage points lower than a year earlier, according to the NBS.



Industrial output grew at an annual rate of 8.2 percent in October, the slowest in seven years??sharply down??11.4 percent in September.



By sector, industrial output rose 6.2 percent f the textile industry, 11.6 percent f the non-metal mineral sector, 8 percent f equipment manufacturers??3.6 percent f transport equipment producers. However, industrial output f the raw chemical materials??chemical products sect fell 3.3 percent last month.



China produced 230 million tons of raw coal??15.86 million tons of crude oil in November, up 5.2 percent??4.9 percent, respectively.



Power generation declined 9.6 percent last month??a year earlier. That followed a 4 percent fall in October.



In the first 11 months of this year, industrial output jumped 13.7 percent, down??14.4 percent in the first 10 months??18.5 percent during the same period last year.

Source: 365纺织网
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