China's industrial output up 4.6 pct in 2023

BEIJING, Jan. 17 (Xinhua) -- China's value-added industrial output, an important economic indicator, went up 4.6 percent year on year in 2023, data from the National Bureau of Statistics showed Wednesday.

In December alone, the industrial output grew 6.8 percent from a year earlier and 0.52 percent from November.

The industrial output is used to measure the activity of large enterprises each with an annual main business turnover of at least 20 million yuan (about 2.81 million U.S. dollars).