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

Macro

2026-08-17

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 Q3 2026 month-over-month growth rate of value-added industrial output for enterprises above designated size sharply narrowed to 0.11%, significantly lower than the 0.76% in Q2 2026, and the year-over-year growth rate during the same period also fell short of market expectations. Weak domestic demand and extreme weather were the primary drags. Despite strong performance in high-tech manufacturing, the overall recovery momentum still faces challenges.

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AI Data Insight

China's Q3 2026 month-over-month growth rate of value-added industrial output for enterprises above designated size sharply narrowed to 0.11%, significantly lower than the 0.76% in Q2 2026, and the year-over-year growth rate during the same period also fell short of market expectations. Weak domestic demand and extreme weather were the primary drags. Despite strong performance in high-tech manufacturing, the overall recovery momentum still faces challenges.

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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. 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