Industrial output up 16 percent in China

Published: Nov. 11, 2009 at 8:06 AM
Chinese shop at clothing market in Beijing

BEIJING, Nov. 11 (UPI) -- China's October industrial output rose 16.1 percent from the same month of last year, thanks to various stimulus measures, the government said Wednesday.

For the first 10 months of this year, industrial output rose 9.4 percent year on year, the National Bureau of Statistics said.

China's economic recovery has been driven by low interest rates, huge bank lending and a government stimulus package of $586 billion, the state-run Xinhua news agency reported.

© 2009 United Press International, Inc. All Rights Reserved.
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