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16Jul14

China's H1 industrial value added up 8.8 pct

China's industrial value added expanded 8.8 percent year on year in the first half of 2014, official figures showed on Wednesday.

The growth accelerated from an 8.7-percent increase in the first quarter, the National Bureau of Statistics (NBS) said.

China uses industrial value added to measure business activities of designated large enterprises each with an annual turnover of at least 20 million yuan (3.26 million U.S. dollars).

[Source: Xinhua, Beijing, 16Jul14]
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