China's value-added industrial output up 4.5% in May

China's value-added industrial output, an important economic indicator, rose 4.5 percent year-on-year in May, while the cumulative figure for the first five months of 2026 climbed 5.4 percent, the National Bureau of Statistics said on June 16.

The industrial output is used to measure the activity of large enterprises each with an annual main business turnover of at least 20 million yuan ($2.94 million).

In terms of sectors, the value-added output of the mining sector increased by 2.3 percent year-on-year in May, while that of the manufacturing sector grew by 4.4 percent. The value-added output of the electricity, heat, gas and water production and supply sectors went up by 7.6 percent, the data showed.