China's industrial output up 6.4 pct in July
Views :165 Recommendation: Votes:0 Discuss:0

China's value-added industrial output, an important economic indicator, went up 6.4 percent year on year in July as production demand continued to recover, data from the National Bureau of Statistics (NBS) showed Monday.

The figure was up 11.5 percent from the level in July 2019, bringing the average growth for the past two years to 5.6 percent, NBS data showed.

In the first seven months, industrial output gained 14.4 percent year on year, resulting in an average two-year growth of 6.7 percent.

The industrial output is used to measure the activity of designated large enterprises with an annual business turnover of at least 20 million yuan (about 3.09 million U.S. dollars).

Source: Xinhua
2021-08-17

Follow us

linkedin twitter instagram

Recent Releted News

Vote for this news?
Discuss
More Discuss...
Your Name:
Enter the code shown: