SBS Zipper:China's value-added industrial output up 4.5% YoY, 0.32% MoM in Aug-Nylon Zippers,Metal Zippers,Plastic Zippers,Recycle Zippers

China's value-added industrial output up 4.5% YoY, 0.32% MoM in Aug

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China's value-added industrial output grew by 4.5 per cent YoY and 0.32 per cent month on month in August.
In the first eight months this year, such output saw a stable 5.8 per cent YoY growth.
Nearly four-fifths of the industries and over half of products saw YoY rises.
The export delivery value of the sector rose by 6.4 per cent YoY in August.

Industrial output in China saw stable growth in August, with value-added industrial output expanding by 4.5 per cent year on year (YoY) in the month, according to data from the National Bureau of Statistics (NBS). It edged up by 0.32 per cent month on month (MoM) in August.

In the first eight months this year, value-added industrial output saw a stable 5.8 per cent YoY growth.

China's value-added industrial output grew by 4.5 per cent YoY and 0.32 per cent month on month in August. In the first eight months this year, such output saw a stable 5.8 per cent YoY growth. Nearly four-fifths of the industries and over half of products saw YoY rises. The export delivery value of the sector rose by 6.4 per cent YoY in August.

Industrial output measures the activity of enterprises each with an annual main business turnover of at least 20 million yuan ($2.82 million).

Nearly four-fifths of the industries and over half of products registered YoY increases, NBS spokesperson Liu Aihua told a recent press conference.

The export delivery value of the industrial sector climbed by 6.4 per cent YoY in August, maintaining a fast growth momentum, Liu was cited as saying by state-controlled media outlets.

SBS Zipper News Desk (DS)

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