China’s industrial output expands 6.3 pct in August

BEIJING, Sept. 13 (Xinhua) — China’s value-added industrial output, an important economic indicator, expanded 6.3 percent year on year in August, official data showed Tuesday.

The increase was faster than the 6 percent increase for July and the 6.1 percent in the same period of last year, according to data from the National Bureau of Statistics.

Industrial output measures the output of Chinese companies with annual main business revenue of more than 20 million yuan (3 million U.S. dollars).