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BEIJING, Sept. 14 (Xinhua) — China’s value-added industrial output, an important economic indicator, expanded 4.5 percent year on year in August, official data showed Saturday.
On a monthly basis, the industrial output edged up 0.32 percent in August from the previous month, the National Bureau of Statistics said in a monthly statement.
The industrial output measures the activity of enterprises each with an annual main business turnover of at least 20 million yuan (about 2.82 million U.S. dollars). ■
China’s retail sales up 2.1 pct in August
China’s fixed-asset investment up 3.4 pct in first eight months
China’s surveyed urban unemployment rate down in January-August
China’s major cities report falling home prices in August