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Industrial output up 8.1% in first eight months

Industrial operations ChinaThe Ministry of Industry and Information Technology (MIIT) reports China’s industrial output rose 8.1% in the first eight months from the same period last year.

 In August alone, China’s industrial output expanded 12.3% year on year.

The growth rate was the largest since September last year when the global economic slowdown hit China.

China View reports that China’s exports in August dropped 23.4% year on year, indicating the country still faced a tough siituation in exports.
 
China had RMB662.4 billion ($96.98 billion) of industrial investment in August, up 23.1% year on year. Total industrial investment was RMB4.73 trillion in the first eight months, up 26.6% year on year.

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