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China's value-added industrial output up 14.4 pct in first 10 months

(Xinhua)
Updated: 2008-11-13 11:23

BEIJING -- Industrial enterprises each with an annual sales income of at least 5 million yuan ($733,138) in the Chinese mainland posted a year-on-year growth rate of 14.4 percent in value-added output in the first 10 months this year, the National Bureau of Statistics said on Thursday.

The growth rate was 0.8 percentage points lower than the 15.2-percent level for the January-September period.

The enterprises realized a sales against output ratio of 97.4 percent in October, down 0.78 percentage points from the same month of last year, the bureau said.