On December 15, the National Bureau of Statistics released economic data for November. In November, the added value of industries above scale increased by 6.6% year-on-year (the growth rate of added value is the real growth rate after deducting price factors). On a month-on-month basis, in November, the value added of industries above designated size increased by 0.87% over the previous month. From January to November, the added value of industries above scale increased by 4.3% year-on-year.
Of which, cement output: from January to November 2023, the national cement output is 186735 million tons, down 0.9% from the same period last year. In November, China's monthly cement output was 189.79 million tons, up 1.6% year-on-year.