Beijing-Sana
Data from the National Statistics Authority showed today that value-added industrial output in China, an important economic indicator, increased by 4 percent year on year during the first four months of this year.
The data, according to Xinhua, indicated that industrial output is used to measure the activity of large enterprises with annual turnover of at least 20 million yuan, equivalent to 2.95 million US dollars.
The authority’s data also revealed that the volume of investment in fixed assets in China rose by 6.8 percent on an annual basis in the first four months of this year, as the volume of investment in fixed assets from the private sector increased from last January to April by 5.3 percent from the previous year to 8.69 trillion. yuan.
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