The economy of Ordos, a city of North China's Inner Mongolia autonomous region, kept steady in the first 11 months of 2019, according to local media reports.

From January to November, the total industrial output value of large industrial companies -- or industrial enterprises above designated size -- in Ordos reached 332.01 billion yuan ($47.71 billion), for a year-on-year increase of 6 percent.

The cumulative added value of 428 industrial enterprises above a designated size -- a statistical term referring to companies with annual sales of 20 million yuan or more -- increased by 4.6 percent year-on-year.

The number of large private industrial enterprises reached 335, accounting for 78.3 percent of the total number of large industrial enterprises in the city, for a year-on-year increase of 4.3 percent.

The numbers showed that during the period, the added value of private industry accounted for 56.4 percent of the added value of all large industry -- contributing 53.6 percent to the growth of large industries and driving the growth of large industries in the city by 2.5 percentage points.

From January to November, fixed-asset investment in Ordos increased by 8.7 percent year-on-year -- respectively, 3.5 and 2 percentage points higher than that of the whole country and the autonomous region.

During the period, total retail sales of social consumer goods in Ordos reached 65.79 billion yuan, an increase of 4.5 percent, which was 0.2 percentage points higher than that from January to October.

The growth rate rose steadily from the lowest point of 2.6 percent in January to February.

From January to November, the general public budget revenue of Ordos was 45.56 billion yuan, up 12.2 percent year-on-year. Of this, tax revenue reached 35.04 billion yuan, an increase of 9.7 percent.

General public budget expenditure was 52.41 billion yuan, an increase of 13 percent. Of the total, education spending came in at 5.63 billion yuan, an increase of 20.1 percent; science and technology expenditure was 200 million yuan, an increase of 45.2 percent; social security and employment spending totaled 4.27 billion yuan, an increase of 2.1 percent; while health expenditure in the period was 3.44 billion yuan, an increase of 18 percent.

By the end of November 2019, the balance of various yuan deposits of financial institutions in the city was 398.48 billion yuan, up 8.1 percent year-on-year, while the balance of various loans was 330.5 billion yuan which was up 4.1 percent on the previous corresponding period.

During the 11 months, power consumption in Ordos totaled 68.12 billion kilowatt-hours, an increase of 13.8 percent, which was 3.2 percentage points higher than that in the same period in 2018.

Of that, industrial power consumption reached 62.12 billion kWh, an increase of 12.6 percent, up 2.4 percentage points on the same period in the previous year.

Furthermore, Ordos' railway passenger and freight volumes in the 11 months increased by 18.6 percent and 5.9 percent respectively, while civil aviation passenger and freight volumes increased by 9.9 percent and 0.04 percent, respectively.

Officials said that in general, from January to November 2019, the economic operation of Ordos continued to maintain a stable trend.