Data highlights of Chinese economy in Jan.-Nov. period
Source: Xinhua | 2020-12-16
Unveiled on Tuesday, China's key economic indicators for November presented the latest signs of strengthening recovery, as consumption and investment return to normal levels and the country heads toward world-leading positive growth.
Here are some highlights of the economic figures released by the National Bureau of Statistics:
-- Industrial output expanded 2.3 percent from one year earlier, 0.5 percentage points faster than the rise for the first 10 months.
-- Retail sales went up 5 percent year on year to 3.95 trillion yuan (about 603.7 billion U.S. dollars) in November, picking up from the 4.3-percent gain in October.
-- Fixed-asset investment rose 2.6 percent year on year in the first 11 months of the year, 0.8 percentage points higher than the rise in the first 10 months.
-- A total of 10.99 million new urban jobs were created in the first 11 months, meeting 122.1 percent of the target set for the whole year.
-- Total investment in property development rose 6.8 percent year on year in the first 11 months, picking up from the 6.3-percent increase in the first 10 months.
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