The pace of growth was 1.1 percentage points faster than the level recorded in December last year. In February alone, industrial output expanded by 0.83 per cent compared with January.
Industrial output measures the performance of large enterprises with an annual main business turnover of at least 20 million yuan (~$2.9 million).
The data showed that the mining sector’s value-added output rose 6.1 per cent year on year (YoY) during the January–February period. Manufacturing output recorded stronger growth of 6.6 per cent.
Meanwhile, value-added output in the electricity, heat, gas, and water production and supply sectors increased by 4.7 per cent over the same period, according to the National Bureau of Statistics (NBS).
Fibre2Fashion News Desk (JP)