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

Macro

2026-07-15

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 recently released seasonally adjusted annualized rate of industrial production for Q2 2026 (May) surged to 9.511%, a significant rebound from the previous reading of 4.907%. This strong recovery is primarily driven by high-tech and equipment manufacturing exports fueled by global AI demand; however, the structural divergence of a "two-speed recovery" between domestic and foreign demand remains a hidden concern for the economy in the second half of the year.

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AI Data Insight

China's recently released seasonally adjusted annualized rate of industrial production for Q2 2026 (May) surged to 9.511%, a significant rebound from the previous reading of 4.907%. This strong recovery is primarily driven by high-tech and equipment manufacturing exports fueled by global AI demand; however, the structural divergence of a "two-speed recovery" between domestic and foreign demand remains a hidden concern for the economy in the second half of the year.

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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