China state infooffice (scio.gov.cn)
World  |  July 15, 2024 08:00:00, updated

China's industrial output up 5.3% in June


China's value-added industrial output, an important economic indicator, expanded 5.3 percent year on year in June, data from the National Bureau of Statistics showed Monday.

On a monthly basis, the industrial output edged up 0.42 percent in June from the previous month. During the January-June period, it rose 6 percent year on year.

The industrial output measures the activity of enterprises each with an annual main business turnover of at least 20 million yuan (about 2.8 million U.S. dollars).

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