Industrial Output, Retail Sales Beat Expectations in November

Front-loading washing machines are on display in an appliance store in Nanjing, Jiangsu province, on Oct. 15. Photo: Visual China

(Beijing) — China's industrial output and retail sales continued to grow in November, beating expectations, as the world's second-largest economy remained on track to reach its annual gross domestic product (GDP) growth rate.

Industrial output gained 6.2% from a year earlier in November, according to data released by the National Bureau of Statistics (NBS) on Tuesday. Meanwhile, retail sales rose 10.8% to 3.1 trillion yuan ($449 billion), the highest growth this year, the NBS said.