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

Macro

2026-10-19

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
Hashtags
China Industry

AI Data Insight

China's industrial value-added of enterprises above designated size grew 5.5% year-on-year in September, accelerating further from 5.2% in August and beating market expectations of 5.4%. Benefiting from high-tech manufacturing and strong foreign trade orders, the production side demonstrated strong resilience, though weak domestic demand and the progress of corporate profit recovery remain key focuses for future observation.

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AI Data Insight

China's industrial value-added of enterprises above designated size grew 5.5% year-on-year in September, accelerating further from 5.2% in August and beating market expectations of 5.4%. Benefiting from high-tech manufacturing and strong foreign trade orders, the production side demonstrated strong resilience, though weak domestic demand and the progress of corporate profit recovery remain key focuses for future observation.

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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
Hashtags
China Industry