China’s value-added industrial output up six percent in July

Wednesday, 12 August 2015 10:53:18 (GMT+3)   |   Shanghai
       

In July this year, China's overall value-added industrial output increased by 6.0 percent year on year, with this growth rate 0.8 percentage points lower than that recorded in June, as announced by China's National Bureau of Statistics (NBS) on August 12. Meanwhile, in the January-July period of this year, China's overall value-added industrial output increased by 6.3 percent year on year.

In July this year, of the 41 industrial sectors in China, 37 witnessed year-on-year increases in value-added industrial output. In the given period, respective year-on-year increases of 4.1 percent, 4.0 percent, 7.7 percent and 7.5 percent were recorded in value-added industrial outputs in the ferrous metal smelting and rolling sector, the general purpose machinery sector, the railway, shipping, aerospace and other transportation equipment manufacturing sector, and the electrical equipment and machinery sector, while a year-on-year decrease of 0.5 percent was recorded in the automotive sector.
 


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