China's industrial production sees steady increase
By Fan Feifei | China Daily | Updated: 2017-01-21 07:20
The National Bureau of Statistics announced on Friday that the added value of industrial enterprises above designated size - defined as State-owned and non State-owned industrial companies with annual revenue of over 20 million yuan ($2.9 million) - rose 6.0 percent year-on-year in 2016, the same as that in the first three quarters.
That performance was slightly down compared with the 6.1 percent increase year-on-year in 2015.
The value added by the high-tech industry grew by 10.8 percent over last year, 4.8 percentage points faster than industrial enterprises above the designated size.
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