China's unemployment rate hits 5.3% in August

China's unemployment rate stood at 5.3% in August, up 0.1 percentage points month-on-month, while the broader economy maintains steady production and stable prices.

The unemployment rate across 31 major cities also climbed by 0.1 percentage points from July to hit 5.3% in August.

Employees at enterprises nationwide worked an average of 48.2 hours per week during the month.

On the industrial front, the value-added output of enterprises above a designated size grew 5.2% year-on-year in August.

High-tech manufacturing showed strong performance, with its value-added output increasing 16.7% annually during the same period.

The country's total goods imports and exports saw a rapid annual increase of 19.8% in August.

The consumer price index rose 0.8% year-on-year in August, while the producer price index increased 3.8%.