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China’s production and consumption edge up in October

China, producción, consumo, alza

China’s production and consumption edge up in October

Beijing, Nov 15 (Prensa Latina) China on Monday informed that its industrial production and retail sales of consumer goods went up during October and even reversed the slow growth reported in previous months.

China’s National Bureau of Statistics stated that the industrial production picked up 3.5 percent year-on-year, with some increases in areas such as coal generation, high-tech equipment manufacturing and in the so-called emerging industries.

In the case of retail sales of consumer goods, the year-on-year increase was 4.9 points and amounted to 633 billion dollars.

The fixed asset investment climbed 6.1 percent since January and the mercantile activity rose 17.8 with progress in exports, imports and the trade surplus.


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