Beijing: China's value-added industrial output expanded 5.8% year on year in May, official data showed on Monday. The manufacturing sector saw its value-added output climb 6.2% year-on-year last month, with that of equipment manufacturing and high-tech manufacturing up by 9% and 8.6%, respectively, according to China's National Bureau of Statistics.
According to Qatar News Agency, in the first five months of this year, the country's industrial output gained 6.3% compared to a year ago. On the consumption front, official data showed that China's retail sales of consumer goods expanded 6.4% year-on-year in May.
Total retail sales of consumer goods reached 4.13 trillion yuan (about $575.3 billion) last month. From January to May, the retail sales of consumer goods rose 5% year-on-year, according to the NBS.