China: Value-Added Industrial Output (SAAR) - All Industries

Macro

2026-08-18

Description

China's Industrial Value Added (IVA) is compiled and released by China's National Bureau of Statistics (NBS). This indicator measures the growth of industrial output and is often used to observe the health of the industrial sector and overall economic activity. Generally speaking, higher values ​​indicate strong industrial activity, while lower values ​​may indicate a slowdown.

Note:
1. Industrial added value is calculated based on the added value of industrial enterprises above designated size, which usually includes enterprises with annual operating income of more than 20 million yuan.
2. The Seasonally Adjusted Annual Rate (SAAR) annualizes the quarterly (monthly) growth rate of a single quarter (month) (to the 4th or 12th power) to estimate changes throughout the year. Its value is usually higher than the annual rate. more volatile

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Industry

AI Data Insight

China's Q3 2026 industrial value-added seasonally adjusted annualized rate (SAAR) dropped significantly to 1.328%, far below the previous value of 9.511%, reflecting a rapid cooling in industrial expansion momentum. The year-on-year growth rate of value-added of industrial enterprises above designated size in July was only 4.5%, falling short of the market expectation of 5.0%. The high-tech industry and the sluggish domestic demand sector showed extreme polarization, and market expectations for the PBOC to cut interest rates and the reserve requirement ratio (RRR) have heated up again.

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AI Data Insight

China's Q3 2026 industrial value-added seasonally adjusted annualized rate (SAAR) dropped significantly to 1.328%, far below the previous value of 9.511%, reflecting a rapid cooling in industrial expansion momentum. The year-on-year growth rate of value-added of industrial enterprises above designated size in July was only 4.5%, falling short of the market expectation of 5.0%. The high-tech industry and the sluggish domestic demand sector showed extreme polarization, and market expectations for the PBOC to cut interest rates and the reserve requirement ratio (RRR) have heated up again.

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Macro
Description

China's Industrial Value Added (IVA) is compiled and released by China's National Bureau of Statistics (NBS). This indicator measures the growth of industrial output and is often used to observe the health of the industrial sector and overall economic activity. Generally speaking, higher values ​​indicate strong industrial activity, while lower values ​​may indicate a slowdown.

Note:
1. Industrial added value is calculated based on the added value of industrial enterprises above designated size, which usually includes enterprises with annual operating income of more than 20 million yuan.
2. The Seasonally Adjusted Annual Rate (SAAR) annualizes the quarterly (monthly) growth rate of a single quarter (month) (to the 4th or 12th power) to estimate changes throughout the year. Its value is usually higher than the annual rate. more volatile

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Industry