China’s value-added industrial output up 6.5 percent in January-August

Monday, 17 September 2018 10:29:13 (GMT+3)   |   Shanghai
       

In August this year, China's overall value-added industrial output increased by 6.1 percent year on year, with this growth rate 0.1 percentage point higher compared to that recorded in July this year, as announced by China's National Bureau of Statistics (NBS). In the January-August period of the current year, China's overall value-added industrial output increased by 6.5 percent year on year.

In the January-August period 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 5.9 percent, 5.9 percent, 1.9 percent and 3.3 percent were recorded in value-added industrial outputs in the ferrous metal smelting and rolling sector, the general purpose machinery sector, the automotive sector, and the electrical equipment and machinery sector. Meanwhile, a year-on-year decrease of 0.5 percent was recorded in value-added industrial output in the railway, shipping, aerospace and other transportation equipment manufacturing sector in the period in question.


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