China's Industrial Value-Added Output Expanded 4.8% in July, Same as June(Yicai Global) Aug. 14 -- Big Chinese industrial firms retained a similar rate of growth last month as a month before that.
Value-added industrial output, which measures the activity of designated large enterprises with annual turnover of at least CNY20 million (USD2.9 million), rose 4.8 percent in July from a year ago, the National Bureau of Statistics announced today.
Some 25 of 41 industries maintained growth in July while the manufacturing sector accelerated its pace to 6 percent.
Editor: Emmi Laine
