China: Value-Added of Industry (YoY) - Total

Macro

2026-07-15

Description

China's Value-Added of Industry is calculated and published by the National Bureau of Statistics (NBS). This indicator measures the added value created by industrial enterprises with annual revenues above 20 million, reflecting short-term trends in China's industrial sector and the overall economic climate. A higher YoY growth rate in value-added indicates active industrial production and strong economic growth, while a lower rate suggests slower industrial production and weaker growth.

The data covers three main categories: manufacturing, mining, and utilities (such as electricity, gas, and water production and supply).

This data is typically released monthly, providing information on industrial production for the previous month.

Note: Value-added of industry = Gross industrial output value - Intermediate inputs + VAT payable for the current period.

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

AI Data Insight

According to the latest authoritative database, the year-over-year (YoY) growth rate of China's industrial value-added in Q2 2026 (the latest observed value is 2026-06-01) recorded 5.3%, a significant rebound from the previous value of 4.5%, highlighting steady expansion on the production side. Although absolute values in external search data slightly differ, the overall trend reflects strong driving forces from the high-tech, AI, and new energy industries. Moving forward, attention must be paid to whether domestic consumption can keep pace with production expansion to alleviate the structural concerns of strong supply and weak demand.

AI Data Insight

According to the latest authoritative database, the year-over-year (YoY) growth rate of China's industrial value-added in Q2 2026 (the latest observed value is 2026-06-01) recorded 5.3%, a significant rebound from the previous value of 4.5%, highlighting steady expansion on the production side. Although absolute values in external search data slightly differ, the overall trend reflects strong driving forces from the high-tech, AI, and new energy industries. Moving forward, attention must be paid to whether domestic consumption can keep pace with production expansion to alleviate the structural concerns of strong supply and weak demand.

Description

China's Value-Added of Industry is calculated and published by the National Bureau of Statistics (NBS). This indicator measures the added value created by industrial enterprises with annual revenues above 20 million, reflecting short-term trends in China's industrial sector and the overall economic climate. A higher YoY growth rate in value-added indicates active industrial production and strong economic growth, while a lower rate suggests slower industrial production and weaker growth.

The data covers three main categories: manufacturing, mining, and utilities (such as electricity, gas, and water production and supply).

This data is typically released monthly, providing information on industrial production for the previous month.

Note: Value-added of industry = Gross industrial output value - Intermediate inputs + VAT payable for the current period.

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