China's industrial production increased 4.8 percent year-on-year in July 2019, the weakest gain since February 2002 and below market consensus of 5.8 percent, on the back of escalating trade dispute with the US and sluggish domestic demand. Production slowed for both manufacturing (4.5% vs 6.2% in June) and mining (6.6% vs 7.3%). Meantime, utilities output growth accelerated (6.9% vs 6.6%). By industry, production advanced at a softer rate for textiles (1.2% vs 1.6%), chemicals (3.8% vs 5.4%), non-metal minerals (8.7% vs 9.5%), ferrous metals (10% vs 13.7%), general equipment (0.7% vs 2.6%), machinery (7.6% vs 11.3%), and communication (6.1% vs 10.4%). Meanwhile, production rose faster for both transport equipment (15.7% vs 14.5%) and power equipment (6.5% vs 5.6%). From January to July, industrial production grew 5.8 percent. Industrial Production in China averaged 11.97 percent from 1990 until 2019, reaching an all time high of 29.40 percent in August of 1994 and a record low of -21.10 percent in January of 1990.

Industrial Production in China is expected to be 5.50 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 5.20 in 12 months time. In the long-term, the China Industrial Production is projected to trend around 5.00 percent in 2020, according to our econometric models.

China Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 02:00 AM Industrial Production YoY Apr 5.4% 8.5% 6.5% 6.9%
2019-06-14 07:00 AM Industrial Production YoY May 5% 5.4% 5.5% 5.4%
2019-07-15 02:00 AM Industrial Production YoY Jun 6.3% 5% 5.2% 5.1%
2019-08-14 02:00 AM Industrial Production YoY Jul 4.8% 6.3% 5.8% 5.9%
2019-09-16 02:00 AM Industrial Production YoY Aug 4.8% 5%
2019-10-18 02:00 AM Industrial Production YoY Sep 5.5%
2019-11-14 02:00 AM Industrial Production YoY Oct 5.7%


China Business Last Previous Highest Lowest Unit
Business Confidence 49.70 49.40 59.20 38.80 Index Points [+]
Non Manufacturing PMI 53.70 54.20 62.20 50.80 percent [+]
Manufacturing PMI 49.90 49.40 52.30 47.20 [+]
Services PMI 51.60 52.00 54.70 50.00 Index Points [+]
Industrial Production 4.80 6.30 29.40 -21.10 percent [+]
Industrial Production Mom 0.19 0.67 1.32 0.13 percent [+]
Manufacturing Production 4.50 6.20 11.40 4.50 percent [+]
New Orders 49.80 49.60 65.10 32.30 Index Points [+]
Changes in Inventories 15873.10 14185.80 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 1808000.00 2056446.00 3060271.00 88416.00 [+]
Car Production 1523000.00 1598000.00 2669100.00 215533.00 Units [+]
Car Registrations 1528000.00 1728000.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Mining Production 6.60 7.30 7.90 -3.80 percent [+]
Steel Production 87533.00 89091.00 89091.00 4918.00 Thousand Tonnes [+]
Capacity Utilization 76.40 75.90 78.00 72.90 percent [+]
Competitiveness Index 72.61 71.76 72.61 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 50.90 50.60 53.70 48.00 [+]
Cement Production 21003.00 20985.90 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 39.00 41.00 41.00 21.60 Points [+]
Corruption Rank 87.00 77.00 100.00 40.00 [+]
Corporate Profits 2984000.00 2379020.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 657300.00 583400.00 657300.00 41760.00 Gigawatt-hour [+]


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. This page provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Industrial Production - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.80 6.30 29.40 -21.10 1990 - 2019 percent Monthly




Country Last Previous
Argentina -6.90 Jun/19
Australia 1.20 Mar/19
Brazil -5.90 Jun/19
Canada 3.14 May/19
China 4.80 Jul/19
Euro Area -2.60 Jun/19
France 0.00 Jun/19
Germany -5.20 Jun/19
India 2.00 Jun/19
Indonesia 3.60 Jun/19
Italy -1.20 Jun/19
Japan -3.80 Jun/19
Mexico -2.91 Jun/19
Netherlands -1.90 Jun/19
Russia 2.80 Jul/19
Saudi Arabia 1.40 Dec/18
Singapore -6.90 Jun/19
South Africa -3.20 Jun/19
South Korea -2.90 Jun/19
Spain 1.80 Jun/19
Switzerland 4.80 Jun/19
Turkey -3.90 Jun/19
United Kingdom -0.60 Jun/19
United States 0.50 Jul/19


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