China's industrial output up 10% in 2012

Updated: 2013-01-18 10:35

(Xinhua)

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BEIJING - China's industrial value-added output rose 10 percent year-on-year in 2012, down 3.9 percentage points from the growth rate a year earlier, the National Bureau of Statistics said on Friday.

China's industrial output up 10% in 2012

The figure represents a 3.9 percentage points decline from the growth rate of 2011, said the NBS at a press conference in Beijing.

In December last year, the value-added industrial output increased 10.3 percent from a year earlier, picking up from 10.1 percent in November, the data showed.

Value-added industrial output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs.