China October industrial output rises 10.3% on-year

GMT 06:01 2013 Saturday ,09 November

Arab Today, arab today China October industrial output rises 10.3% on-year

Arab Today

China's industrial production, which measures output at factories, workshops and mines, rose 10.3 percent in October year-on-year, the government announced Saturday. Retail sales, a key indicator for consumer spending in the world's second-largest economy, also rose, gaining 13.3 percent in October from the same month the year before, the National Bureau of Statistics (NBS) said. Fixed asset investment, a measure of government spending on infrastructure, rose 20.1 percent during the first 10 months of the year, it added.

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