Chinese manufacturing output sees 6.5% YoY growth in April 2023: NBS

Industrial production remained generally stable throughout April. In the first four months of 2023, the country's value-added industrial output grew by 3.6 per cent, accelerating by 0.6 percentage points compared to the first quarter.

There were disparities in growth by ownership type, with state-controlled enterprises reporting a 6.6 per cent increase in output, while the private sector saw a more modest growth of 1.6 per cent, according to Chinese media reports.

ALCHEMPro News Desk (DP)