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

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. 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

AI Data Insight

In Q2 (June) 2026, the month-on-month growth rate of China's value-added of industrial enterprises above designated size reached 0.76%, marking a strong rebound from 0.40% in the previous month and indicating an accelerated recovery in industrial production momentum. Benefiting from the resilience of external demand in the AI and electronics industries and the fermentation of new growth drivers, high-tech and equipment manufacturing acted as the main growth engines. Moving forward, attention should be paid to whether weak domestic demand and real estate headwinds will constrain subsequent expansion momentum.

AI Data Insight

In Q2 (June) 2026, the month-on-month growth rate of China's value-added of industrial enterprises above designated size reached 0.76%, marking a strong rebound from 0.40% in the previous month and indicating an accelerated recovery in industrial production momentum. Benefiting from the resilience of external demand in the AI and electronics industries and the fermentation of new growth drivers, high-tech and equipment manufacturing acted as the main growth engines. Moving forward, attention should be paid to whether weak domestic demand and real estate headwinds will constrain subsequent expansion momentum.

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