China’s value-added industrial output up 6.6 percent in January-July

Tuesday, 14 August 2018 10:27:22 (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 remaining unchanged compared to that recorded in June this year, as announced by China's National Bureau of Statistics (NBS). In the January-July period of the current year, China's overall value-added industrial output increased by 6.6 percent year on year.

In the January-July period this year, of the 41 industrial sectors in China, 35 witnessed year-on-year increases in value-added industrial output. In the given month, respective year-on-year increases of 6.6 percent, 6.9 percent, 6.3 percent and 5.7 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, the year-on-year decrease of 1.9 percent was recorded in value-added industrial output in the railway, shipping, aerospace and other transportation equipment manufacturing sector.


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