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China's industrial output up 3.8 pct in H1

(Xinhua) 14:10, July 17, 2023

BEIJING, July 17 (Xinhua) -- China's value-added industrial output, an important economic indicator, went up 3.8 percent year on year in the first half of this year, data from the National Bureau of Statistics (NBS) showed Monday.

In June alone, industrial output rose 4.4 percent year on year, faster than the 3.5-percent growth registered in May, according to the NBS.

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

(Web editor: Zhang Kaiwei, Liang Jun)

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