China’s high-tech manufacturing industry sees rapid growth in August

BEIJING (Xinhua) – China’s high-tech manufacturing industry posted rapid growth in August, said official data.

The added value of high-tech manufacturing in August went up 6.1 per cent year on year, 1.7 percentage points higher than that of all industrial enterprises above designated size, data from the National Bureau of Statistics (NBS) showed.

In breakdown, the medical equipment and manufacturing of apparatus and instruments industry climbed 11.8 per cent, three percentage points higher than the figure recorded in July. Meanwhile, the computer and office equipment manufacturing industry expanded 4.5 per cent, 1.2 percentage points higher than the previous month.

NBS data also showed a swift growth in high-tech and high value-added new industrial products. three dimensional (3D) printers led the growth by expanding 152.9 per cent in August, followed by smart bands and solar industrial ultra-clear glass.

A man works amid orange robot arms at Rapoo Technology factory in southern Chinese industrial boomtown of Shenzhen. PHOTO: AP