China's industrial output expands 6.0pc in H1

BEIJING, July 16 (Xinhua): China's value-added industrial output, an important economic indicator, expanded 6 per cent year on year in the first half, official data showed Monday.

The growth rate was 0.5 per centage points lower than that recorded in the first quarter of the year, the National Bureau of Statistics said in a statement.

In June alone, industrial output increased 6.3 per cent year on year, 1.3 per centage points faster than that registered in May.

In a breakdown by ownership, the output of state-controlled enterprises went up 5 per cent year on year in H1, joint-stock companies up 7.3 per cent, and that of overseas-invested enterprises increased by 1.4 per cent.

High-tech industries maintained fast expansion, with the output for high-tech manufacturing up 9 per cent year on year, three per centage points faster than overall growth.