China's industrial output up 3.5% in first 7 months
11:39 UTC+8, 2022-08-15
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China's value-added industrial output, an important economic indicator, went up 3.5 percent year on year in the first seven months of this year.
11:39 UTC+8, 2022-08-15
0
China's value-added industrial output, an important economic indicator, went up 3.5 percent year on year in the first seven months of this year, data from the National Bureau of Statistics (NBS) showed on Monday.
In July alone, industrial output growth registered 3.8 percent year on year and it was 0.38 percent higher than the previous month, according to the NBS.
The industrial output is used to measure the activity of designated large enterprises with an annual business turnover of at least 20 million yuan (US$2.97 million).
Source: Xinhua
Editor: Wang Qingchu
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