China's value-added industrial output, an important economic indicator, expanded 5.4 per cent year on year in November, official data showed Friday.
The growth rate was 0.5 percentage points lower than that recorded in October, according to data released by the National Bureau of Statistics (NBS).
On a monthly basis, the industrial output edged up 0.36 per cent from October, reports Xinhua.
In the first 11 months, industrial output climbed 6.3 per cent from one year earlier, with the pace of growth decelerating from 6.2 per cent registered during the January-October period, according to the NBS.
Industrial output, officially called industrial value added, is used to measure the activity of designated large enterprises with annual turnover of at least 20 million yuan (about 2.9 million US dollars).
A breakdown of the data showed the production and supply of electricity, thermal power, gas, and water reported a year-on-year growth of 9.8 per cent in November, the fastest among the three major sectors and accelerating three percentage points from October.
Manufacturing output rose 5.6 per cent year on year, down from 6.1 per cent in October, and output growth of the mining sector eased to 2.3 per cent from 3.8 per cent in October.
High-tech manufacturing and equipment production sectors maintained fast expansion, with their output increasing 11.8 per cent and 8.3 per cent respectively last month.
