China's industrial output up 9.9% in Jan-Feb
BEIJING -- China's industrial value-added output rose 9.9 percent year-on-year in the first two months, down 1.5 percentage points from the same period last year, the National Bureau of Statistics said Saturday.
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The pace was down 1.5 percentage points from the same period last year and down 0.4 percentage point from the growth rate in December 2012, the NBS said in a statement on its website.
In the first two months, China's heavy industries saw industrial output expand 10.2 percent year-on-year, while light industries registered a pace of 9.1 percent from a year earlier.
Value-added industrial output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs.
