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Economy

China's industrial output up 6 pct in August

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2017-09-14 10:49Xinhua Editor: Gu Liping ECNS App Download

China's value-added industrial output grew 6 percent year on year in August, compared with the 6.4-percent increase for July, the National Bureau of Statistics said Thursday.

On a monthly basis, industrial production edged up 0.46 percent in August compared to July.

The industrial output of state-holding enterprises rose 7.8 percent, while share-holding enterprises declined 2.1 percent and overseas-funded enterprises increased 7.9 percent.

For the first eight months, industrial production expanded 6.7 percent, a notch below the 6.8 percent growth registered in the first seven months.

Industrial output, officially called industrial value added, is used to measure the activity of designated large enterprises with annual revenue of at least 20 million yuan (nearly 3 million U.S. dollars).

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China's retail sales of consumer goods grew 10.1 percent year on year in August, the National Bureau of Statistics said Thursday.

China fixed-asset investment up 7.8 pct in first eight months

China's fixed-asset investment grew 7.8 percent year on year in the first eight months of this year, down from 8.3 percent for the January-July period, the National Bureau of Statistics said Thursday.

China's property investment up 7.9 pct

China's investment in property development rose 7.9 percent year on year in the first eight months of 2017, unchanged from the growth for the January-July period, the National Bureau of Statistics said Thursday.

  

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