Most of the capital goods in China posted higher prices in late February compared with mid-February, official data showed Saturday.

A German-funded steel dust recycling factory, with a total investment of 350 million yuan (about 50 million USD), has recently been put into operation.

Reduced energy consumption and rapid development of renewables helped accelerate China's transition to a green and low-carbon economy last year, the National Bureau of Statistics said in a report on Tuesday.

China's industrial output, a key economic indicator, rose 3.6 percent year-on-year in 2022, according to the National Bureau of Statistics.

German Engineering Orders In January Down 18% Vs Previous Year

The majority of capital goods in China posted lower prices in mid-February 2023 compared with early February, official data showed Friday.

At present, China is working to promote advanced construction equipment and smart construction, so as to improve the quality and safety of buildings.

Natural gas and petroleum refinery products increased 5.3 percent and 4.5 percent, respectively, in January.