China Knowledge quoted according to the latest statistics from the Guangdong Statistics Bureau that the value added industrial output of enterprises of the designated size and above in Guangdong Province rose 12.9 %YoY to CNY 1.27 trillion in the first seven months of this year slowing from a 13.1% growth in the first half.

In July, the value added industrial output grew 10.8%YoY to CNY 197.14 billion after rising 13.5% in June. In the period from January to July, the value added output of heavy industry increased 12.5%YoY to CNY 783.95 billion while that of light industry rose 13.5% to CNY 490.46 billion.

In the first seven months, the nine major industries in Guangdong saw their combined value added output rise 12.2%YoY to CNY 886.18 billion. The three traditional pillar industries saw value added output increase 15.9%YoY to CNY 212.92 billion. The value added output of the three new emerging industries was CNY 561.17 billion up by 12.9%YoY.

Industrial enterprises of the designated size and above in the province saw domestic sales climb 26.3%YoY to CNY 3.63 trillion and their export delivery value rise 16% to CNY 1.6 trillion in the first seven months.

(Sourced from China Knowledge)