China: Value-Added Industrial Output (MoM) - All Industries (SA)

Macro

2026-09-15

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. Seasonally Adjusted (SA) refers to statistically measuring, separating and adjusting the seasonal factors hidden in the data from the series, so that the economic data can more accurately reflect the real economic changes. .

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

AI Data Insight

China's August industrial value-added MoM growth rate rebounded to 0.54%, shaking off the previous sluggishness of 0.11%, while the YoY growth rate also beat market consensus at 5.2%. Although high-tech manufacturing and exports demonstrated strong resilience, both consumption and investment slowed down, highlighting the economic polarization risk of "strong production, weak domestic demand."

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AI Data Insight

China's August industrial value-added MoM growth rate rebounded to 0.54%, shaking off the previous sluggishness of 0.11%, while the YoY growth rate also beat market consensus at 5.2%. Although high-tech manufacturing and exports demonstrated strong resilience, both consumption and investment slowed down, highlighting the economic polarization risk of "strong production, weak domestic demand."

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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. Seasonally Adjusted (SA) refers to statistically measuring, separating and adjusting the seasonal factors hidden in the data from the series, so that the economic data can more accurately reflect the real economic changes. .

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