In August this year, China's overall value-added industrial output increased by 4.4 percent year on year, with the growth rate 0.4 percentage points lower compared to that recorded in July of this year, as announced by China's National Bureau of Statistics (NBS).
However, in the given month, value-added industrial outputs in the ferrous metal smelting and rolling sector posted a 10.4 percent increase, 0.4 percentage point higher compared to July.
In August this year, of the 41 industrial sectors in China, 32 witnessed year-on-year increases in value-added industrial output, but the pace of growth was down in many sectors. For example, outputs in the mining and manufacturing sectors grew by 3.7 percent and 4.3 percent, down 2.9 percentage points and 0.2 percentage points respectively from the growth rates recorded in July.
In the first eight months of the year, China's overall value-added industrial output increased by 5.6 percent year on year.