China's industrial output up 3.7 pct in July
Updated: August 15, 2023 Source: Xinhua News Agency
Workers are busy at a production line of the new energy vehicle AVATR at a workshop of Chang'an Auto in Jiangbei District, southwest China's Chongqing Municipality, July 20, 2023. (Xinhua/Tang Yi)
BEIJING, Aug. 15 (Xinhua) -- China's value-added industrial output, an important economic indicator, went up 3.7 percent year on year in July, data from the National Bureau of Statistics (NBS) showed Tuesday.
From January to July, industrial output rose 3.8 percent year on year, according to the NBS.
The industrial output is used to measure the activity of enterprises each with an annual main business turnover of at least 20 million yuan (about 2.79 million U.S. dollars).
Editor: Yu Huichen