17:54 GMT29 January 2020
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    China’s industrial production rose by 6.3 percent year-on-year in August as the national economy achieved moderate growth, the National Bureau of Statistics said Tuesday.

    BEIJING (Sputnik) — The new figures showed that last month industrial production grew 0.3 percent faster than in July.

    "In August, the total value added of the industrial enterprises above designated size was up by 6.3 percent year-on-year at comparable prices," the Bureau’s statement read.

    In August, retail sales of consumer goods improved by 10.6 percent year-on-year, which was 0.4 percent higher than in July.

    The government said that the pick-up in financial indicators stemmed from the deepening of the supply-side structural reform and growth-oriented macroeconomic policies.


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