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China Q4 industrial output up 15%-16%

2009-11-06 09:41 BJT

 

China's industrial production could rise from 15 to 16 percent in the fourth quarter, as compared to a year earlier, putting 2009's growth rate between 10 and 11 percent.

The 2009 China Industrial Economic Performance Autumn Report, jointly released by the Ministry of Industry and Information Technology and Chinese Academy of Social Sciences, says the country's value-added production, its key gauge of industrial growth, increased at a rate of 8.7 percent, year on year, in the first three quarters.

And the figure is expected to grow at the rate of 15 to 16 percent in the fourth quarter. China's industrial economy is expected to keep rebounding in the coming year.

 

Editor: Zhang Pengfei | Source: CCTV.com

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