Snapshot for China Value Added of Industry YoY (CHVAIOY)

Rate Profile Information for CHVAIOY

With effect from January 2006, the Chinese Government no longer provides January figures. Instead, they are incorporated into the February values. Since 1998, the coverage of industrial statistics are: all state-owned industrial enterprises and those non-state industrial enterprises with revenue from principle business over 5 million yuan, and non-state industrial enterprises with revenue from principle business below 5 million yuan. Value-added of Industry refers to the final results of industrial production of industrial enterprises in money terms during the reference period. Value added of industry by production approach is calculated as following: Value added of industry = gross industrial output - industrial intermediate input + value added tax The growth rates is calculated at constant prices, while values are given at current price.