China's industrial output up 5.3 pct in June-Xinhua

China's industrial output up 5.3 pct in June

Source: Xinhua

Editor: huaxia

2024-07-15 10:44:16

A staff member works at a factory of agricultural machinery in Da'an Town of Jining City, east China's Shandong Province, July 13, 2024. (Xinhua/Guo Xulei)

BEIJING, July 15 (Xinhua) -- 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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