China’s Industrial Output Up 6.5% In Q1

China’s value-added industrial output, an important economic indicator, went up 6.5 percent year-on-year in the first quarter of this year, data from the National Bureau of Statistics showed on April 18.
In March alone, industrial output rose 5 percent year-on-year and 0.39 percent from the previous month, the NBS said.
The industrial output is used to measure the activity of designated large enterprises with an annual business turnover of at least 20 million yuan (about $3.11 million).