China's industrial production soared 35.1 percent year-on-year in January-February 2021, after a 7.3 percent rise in December and well above market consensus of a 30 percent jump, suggesting the world's second-largest economy consolidated its recovery from last year's massive slump. Among major industries, gains were broad-based, with production rising for textiles (39.5 percent vs 5.2 percent in December); chemicals (30.8 percent vs 7.5 percent); non-metal minerals (44.8 percent vs 7.5 percent); ferrous metals (21.6 percent vs 10.7 percent); general equipment (62.4 percent vs 11.1 percent); transport equipment (48.9 percent vs 8.7 percent); machinery (69.4 percent vs 15.6 percent); communication (48.5 percent vs 11.4 percent); and power equipment (19.6 percent vs 5.4 percent). source: National Bureau of Statistics of China

Industrial Production in China averaged 11.74 percent from 1990 until 2021, reaching an all time high of 35.10 percent in January of 2021 and a record low of -21.10 percent in January of 1990. This page provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Industrial Production in China is expected to be 12.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in China to stand at 5.00 in 12 months time. In the long-term, the China Industrial Production is projected to trend around 5.50 percent in 2022 and 5.10 percent in 2023, according to our econometric models.

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China Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
35.10 35.10 35.10 -21.10 1990 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-16 02:00 AM Oct 6.9% 6.9% 6.5% 6.3%
2020-12-15 02:00 AM Nov 7% 6.9% 7% 7%
2021-01-18 02:00 AM Dec 7.3% 7% 6.9% 7.1%
2021-03-15 02:00 AM Jan-Feb 35.1% 7.3% 30% 32%
2021-04-16 02:00 AM Mar 35.1% 17.2% 16%
2021-05-17 02:00 AM Apr
2021-06-16 02:00 AM May
2021-07-15 02:00 AM Jun


News Stream
China Industrial Output Growth Beats Estimates
China's industrial production soared 35.1 percent year-on-year in January-February 2021, after a 7.3 percent rise in December and well above market consensus of a 30 percent jump, suggesting the world's second-largest economy consolidated its recovery from last year's massive slump. Among major industries, gains were broad-based, with production rising for textiles (39.5 percent vs 5.2 percent in December); chemicals (30.8 percent vs 7.5 percent); non-metal minerals (44.8 percent vs 7.5 percent); ferrous metals (21.6 percent vs 10.7 percent); general equipment (62.4 percent vs 11.1 percent); transport equipment (48.9 percent vs 8.7 percent); machinery (69.4 percent vs 15.6 percent); communication (48.5 percent vs 11.4 percent); and power equipment (19.6 percent vs 5.4 percent).
2021-03-15
China Industrial Production Rises the Most in Near 2 Years
China's industrial production increased by 7.3 percent year-on-year in December 2020, the most since March of 2019, and beating market expectations of a 6.9 percent rise, as activity continued to recover from the COVID-19 shock. Production grew for mining (4.9 percent vs 2.0 percent in November), utilities (6.1 percent vs 5.4 percent) and manufacturing (7.7 percent, the same as in November). Among major industries, production expanded for chemicals (7.5 percent vs 9.2 percent), computers and communication (11.4 percent vs 9.3 percent), electrical machinery (15.6 percent vs 18 percent), general equipment (11.1 percent vs 10.2 percent), ferrous metals (10.7 percent vs 9.6 percent), non-metal minerals (7.5 percent vs 9.6 percent), power equipment (5.4 percent vs 5.1 percent), and textiles (5.2 percent vs 6.5 percent). For 2020 full year, industrial output rose by 2.8 percent.
2021-01-18
China Industrial Output Rises the Most in 20 Months
China's industrial production increased by 7 percent year-on-year in November 2020, the most since March of 2019, and in line with market expectations, as activity continued to recover from the COVID-19 shock. Production rose for manufacturing (7.7 percent vs 7.5 percent in October), mining (2.0 percent vs 3.5 percent) and utilities (5.4 percent vs 4.0 percent). Among major industries, production expanded for chemicals (9.2 percent vs 8.8 percent), communication (9.3 percent vs 5 percent), electrical machinery (18 percent vs 17.6 percent), general equipment (10.2 percent vs 13.1 percent), ferrous metals (9.6 percent vs 11.2 percent), non-metal minerals (9.6 percent vs 9.3 percent), power equipment (5.1 percent vs 3.6 percent), and textiles (6.5 percent vs 9.5 percent). For the first eleven months of the year, industrial output rose by 2.3 percent.
2020-12-15
China Industrial Output Growth Beats Consensus
China's industrial production increased by 6.9 percent year-on-year in October 2020, unchanged from the previous month's nine-month high and above market expectations of 6.5 percent, as activity continued to recover from the COVID-19 shock. Production rose for manufacturing (7.5 percent vs 7.6 percent in September), mining (3.5 percent vs 2.2 percent) and utilities (4.0 percent vs 4.5 percent). Among major industries, production grew for machinery (17.6 percent vs 15.9 percent), general equipment (13.1 percent vs 12.5 percent), chemicals (8.8 percent vs 7.5 percent), communication (5 percent vs 8 percent), ferrous metals (11.2 percent vs 9 percent), non-metal minerals (9.3 percent vs 9 percent), power equipment (3.6 percent vs 4.2 percent), and textiles (9.5 percent vs 5.6 percent). For the first ten months of the year, industrial output rose by 1.8 percent.
2020-11-16

China Industrial Production
In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.