China's industrial value-added output up 14% in July
Updated: 2011-08-09 16:04
(Xinhua)
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BEIJING-- China's industrial value-added output grew 14 percent year-on-year in July, the National Bureau of Statistics said Tuesday.
The July figure was down 1.1 percentage points from that of June, bringing industrial value-added output growth for the January-July period to 14.3 percent, the NBS announced.
On a monthly basis, industrial value-added output rose by 0.9 percent in July, according to the NBS.
Industrial value-added output measures the final results of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs.
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