Data from the National Bureau of Statistics showed that in October, the added value of industrial enterprises above the designated size increased by 5.0% year-on-year in real terms (the growth rate of added value is the actual growth rate after deducting price factors). From a month-on-month perspective, in October, the added value of industrial enterprises above the designated size increased by 0.33% from the previous month. From January to October, the added value of industrial enterprises above the designated size increased by 4.0% year-on-year.
Among them, the output of integrated circuits in October 2022 was 22.5 billion, a year-on-year decrease of 26.7%; the cumulative output from January to October was 267.5 billion, a year-on-year decrease of 12.3%.
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