Industrial Production in China has been increased by 9%

In May, industrial production in China has been increased by 8,9% That’s 1,6% more than in April – - Reported on Friday the National Statistics Office.

Results in may proved to be better than forecasts of economists, who expect growth of less than 8%. NBS underlines that the May results are the best since October.

Even the largest companies (with annual income over 715 thousand. Dollars – PAP) recorded in May, 8-9% increase in production. Although it is about 7.1 less than in the analogous period year ago, and it is the result of 1,6%. better than in April this year.

NBS account good condition of automotive industry, which in May in relation year to year increase production by 29%. During the same period also increased the production of steel and coal, by 7,4% and 9,6 %.

Quoted by Chinese media Zhuang Jian with the Asian Development Bank believes that the situation of the economy in China is improving. In his opinion projected for this year 8% economic growth is achievable. Industrial production in Poland by the statistical Office of economy is improving. Give evidence of that have ever better economic performance in particular industries and regions.

As the NBS say, in May its economic condition improved 20 form 31 Chinese provinces. Rich province Guangdong in May has grow by 3,2% faster than in April. In May bigger production recorded until three-quarters from the nearly 40 industries.

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