China’s value-added industrial output rises by six percent in H1

Tuesday, 16 July 2019 10:59:50 (GMT+3)   |   Shanghai
       

In June this year, China's overall value-added industrial output increased by 6.3 percent year on year, with this growth rate 1.3 percentage points higher compared to that recorded in May of this year, as announced by China's National Bureau of Statistics (NBS). In the first six months of the year, China's overall value-added industrial output increased by 6.0 percent year on year. 

In June this year, of the 41 industrial sectors in China, 36 witnessed year-on-year increases in value-added industrial output. In the given month, respective year-on-year increases of 13.7 percent, 2.6 percent, 14.5 percent and 11.3 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 decline of 2.5 percent was recorded in value-added industrial output in the automotive sector.


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