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

Macro

2026-06-16

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 April 2026 industrial production seasonally adjusted annualized rate recorded 4.907%, a significant rebound from 0.6017% in March, indicating stronger short-term production momentum. However, the externally observed year-over-year (YoY) growth rate was 4.1%, lower than the market consensus of 5.9%, reflecting that the overall recovery remains bumpy. Emerging industries such as high-tech equipment and automobile manufacturing performed remarkably well, becoming the core driving force supporting the fundamental industrial base.

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AI Data Insight

China's April 2026 industrial production seasonally adjusted annualized rate recorded 4.907%, a significant rebound from 0.6017% in March, indicating stronger short-term production momentum. However, the externally observed year-over-year (YoY) growth rate was 4.1%, lower than the market consensus of 5.9%, reflecting that the overall recovery remains bumpy. Emerging industries such as high-tech equipment and automobile manufacturing performed remarkably well, becoming the core driving force supporting the fundamental industrial base.

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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