
BEIJING - China's value-added industrial output expanded 4.9 percent year-on-year in October, official data showed on Friday.
In the first ten months of this year, China's industrial output increased by 6.1 percent compared to the same period last year, according to data released by the National Bureau of Statistics.
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 ($2.8 million).
A breakdown of the data showed that the manufacturing sector's value-added output increased by 4.9 percent year-on-year last month, while that of the mining sector grew by 4.5 percent. The value-added output of the electricity, heat, gas, and water production and supply sectors rose by 5.4 percent.

Retail sales
On the country's consumption market, the retail sales of consumer goods went up 4.3 percent year-on-year in the first ten months, according to the bureau's data.
The country's retail sales of consumer goods totaled 41.2169 trillion yuan during the period, the bureau pointed out.
In October, retail sales rose 2.9 percent year-on-year.
Fixed-asset investment
The official data also revealed that China's fixed-asset investment went down 1.7 percent year-on-year in the first 10 months.
The investment in fixed assets reached 40.89 trillion yuan during the period, according to the bureau.
The decrease was mainly driven by weak real estate investment. Excluding the property sector, project investment increased 1.7 percent year-on-year in the first 10 months, according to the data.
During this period, investment in the manufacturing sector rose by 2.7 percent, while investment in real estate development declined by 14.7 percent.
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Specifically, the investment in the primary industry rose 2.9 percent year-on-year, that in the secondary industry rose 4.8 percent, and that in the tertiary industry fell 5.3 percent.
Among high-tech industries, the investment in information services, aerospace vehicle and equipment manufacturing, and computer and office device manufacturing grew by 32.7 percent, 19.7 percent and 4.1 percent year-on-year, respectively.
In October, the investment in fixed assets declined 1.62 percent month on month, according to the bureau.

Home prices
Meanwhile, home prices in China's 70 large and medium-sized cities generally fell in October, the bureau's data showed.
The bureau said prices of new homes in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen decreased 0.3 percent month-on-month, the same pace as in September. Notably, Shanghai, the country's economic hub, recorded a 0.3 percent increase.
New home prices in second-tier cities went down 0.4 percent from a month earlier, while those in third-tier cities fell 0.5 percent.
The bureau's data also showed month-on-month declines in second-hand home prices across all major cities.
On a year-on-year basis, the overall downward trend in new and second-hand home prices in major cities continued, according to the bureau.
Urban unemployment
China's job market remained generally stable in October, with the surveyed urban unemployment rate standing at 5.1 percent, down 0.1 percentage points from September, according to the data.
The bureau said in the first ten months of this year, the surveyed urban unemployment rate averaged at 5.2 percent.
