产值 chǎnzhí value of output
value of output; output value
How to remember 产值: 产 to give birth + 值 price = value of output.
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How it is used
- Output value - the monetary value of what is produced: 工业产值 (gōngyè chǎnzhí) industrial output value, 年产值 (nián chǎnzhí) annual output value.
- An economics/statistics term; distinct from 产量 (chǎnliàng, output quantity/volume) - 产值 is the money figure, 产量 the physical amount.
- Common with 总 as 总产值 (zǒng chǎnzhí) gross output value.