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China's H1 Industrial Output up 9.3%
Jul 15,2013 11:20
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Source:SMM
China's industrial value-added output rose 9.3 percent year on year in the first half of 2013, according to the National Bureau of Statistics on Monday.
BEIJING, July 15 -- China's industrial value-added output rose 9.3 percent year on year in the first half of 2013, according to the National Bureau of Statistics on Monday.
The pace was down by 0.2 percentage points from the growth rate in the first quarter this year, and further slows from a 10-percent full-year growth registered in 2012, the NBS data showed.
Value-added industrial output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs.
In June alone, the industrial value-added output increased 8.9 percent year on year, decelerating 0.3 percentage points from the growth in May.
The total output in the industrial sector in June added 0.68 percent from the level of May, according to the NBS.
China's industrial output
industrial value-added output
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