The total value of all products produced during a specific period, expressed in monetary terms; reflects the overall results of an economic unit or sector.

the total monetary value of goods and services produced within a single year

The value added by a production unit or sector over a period of time, calculated as the total output value minus the cost of all materials consumed; also called [[净值|淨值|jing4 zhi2]]

gross industrial output value; overall value of industrial production