China’s industrial output up 4.5 pct in August

Beijing, China's industrial output sustained stable growth in August with booming new growth drivers and strong exports. The country's value-added industrial output, an important economic indicator, expanded 4.5 percent year on year in August, official data from the National Bureau of Statistics (NBS) showed Saturday, Xinhua News Agency reported. On a monthly basis, the industrial output edged up 0.32 percent in August from the previous month. The industrial output measures the activity of enterprises each with an annual main business turnover of at least 20 million yuan (about 2.82 million U.S. dollars). Source: Bahrain News Agency