China's industrial production rose by 5.6 percent from a year earlier in August 2020, the most since December 2019 and above market expectations of 5.1 percent, as the economy recovers from the COVID-19 shock. Output expanded for manufacturing (6 percent, the same as in July), electricity (5.8 percent vs 1.7 percent) and mining (1.6 percent vs -2.6 percent). Among major industries, production grew for machinery (15.1 percent vs 15.6 percent), communication (8.7 percent vs 11.8 percent), general equipment (10.9 percent vs 9.6 percent), ferrous metals (9.2 percent vs 7.9 percent), chemicals (6.9 percent vs 4.7 percent), non-metal minerals (5 percent vs 3.1 percent), power equipment (5.9 percent vs 1.7 percent), and textiles (3.3 percent vs 0.7 percent). Meantime, transport equipment output fell less (-0.3 percent vs -1.4 percent). For the first eight months of the year, industrial output increased by 0.4 percent.

Industrial Production in China averaged 11.66 percent from 1990 until 2020, 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. 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 October of 2020. source: National Bureau of Statistics of China

Industrial Production in China is expected to be 5.20 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 5.90 in 12 months time. In the long-term, the China Industrial Production is projected to trend around 5.00 percent in 2021, according to our econometric models.

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China Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
5.60 4.80 29.40 -21.10 1990 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-15 02:00 AM May 4.4% 3.9% 5% 4.5%
2020-07-16 02:00 AM Jun 4.8% 4.4% 4.7% 4.8%
2020-08-14 02:00 AM Jul 4.8% 4.8% 5.1% 5.5%
2020-09-15 02:00 AM Aug 5.6% 4.8% 5.1% 4.5%
2020-10-19 02:00 AM Sep 5.6% 5.2%
2020-11-16 02:00 AM Oct
2020-12-15 02:00 AM Nov


News Stream
China Industrial Output Growth Beats Forecasts
China's industrial production rose by 5.6 percent from a year earlier in August 2020, the most since December 2019 and above market expectations of 5.1 percent, as the economy recovers from the COVID-19 shock. Output expanded for manufacturing (6 percent, the same as in July), electricity (5.8 percent vs 1.7 percent) and mining (1.6 percent vs -2.6 percent). Among major industries, production grew for machinery (15.1 percent vs 15.6 percent), communication (8.7 percent vs 11.8 percent), general equipment (10.9 percent vs 9.6 percent), ferrous metals (9.2 percent vs 7.9 percent), chemicals (6.9 percent vs 4.7 percent), non-metal minerals (5 percent vs 3.1 percent), power equipment (5.9 percent vs 1.7 percent), and textiles (3.3 percent vs 0.7 percent). Meantime, transport equipment output fell less (-0.3 percent vs -1.4 percent). For the first eight months of the year, industrial output increased by 0.4 percent.
2020-09-15
China Industrial Output Growth Below Forecasts
China's industrial production growth stood at 4.8 percent year-on-year in July 2020, below market consensus of 5.1 percent, as the economy recovers from the COVID-19 crisis. Manufacturing and utilities output continued to increase, while mining fell back into contraction territory. Among major industries, production grew for machinery (15.6 percent vs 8.7 percent in June), communication (11.8 percent vs 12.6 percent), general equipment (9.6 percent vs 7.4 percent), ferrous metals (7.9 percent vs 6.3 percent), chemicals (4.7 percent vs 4.0 percent), non-metal minerals (3.1 percent vs 4.8 percent), power equipment (1.7 percent vs 6.3 percent), and textiles (0.7 percent vs 3.2 percent). Production of transport equipment dropped 1.4 percent (vs -1.2 percent in June). For the first seven months of the year, output shrank 0.4 percent.
2020-08-14
China Industrial Output Expands for 3rd Month
China's industrial production rose by 4.8 percent from a year earlier in June 2020, the largest increase in six months and slightly above market consensus of 4.7 percent, as the economy gradually emerged from COVID-19 pandemic and more factories reopened their activity. Output rose for manufacturing (5.1 percent vs 5.2 percent in May), mining (1.7 percent vs 1.1 percent), and utilities (5.5 percent vs 3.6 percent). Among major industries, production grew for electrical machinery (8.7 percent), metal products (2.6 percent), general equipment manufacturing (7.4 percent), automotive (13.4 percent), computer, communications and other electronic equipment (12.6 percent) pharmaceuticals (3.9 percent), ferrous metal smelting (6.3 percent), non-metallic mineral products (4.8 percent), chemical raw materials (4 percent) and power equipment (6.3 percent). For the first six months of 2020, industrial production fell by 1.3 percent.
2020-07-16
China Industrial Output Growth Below Forecasts
China's industrial production rose by 4.4 percent year-on-year in May 2020, missing market consensus of a 5 percent growth, suggesting the economy is still struggling to get back on track after the COVID-19 crisis. Output rose at faster pace for all sectors: manufacturing (5.2 percent vs 5.0 percent in April), mining (1.1 percent vs 0.3 percent) and utilities (3.6 percent vs 0.2 percent). Among major industries, output increased for electrical machinery (6.8 percent), metal products (3.6 percent), general equipment manufacturing (7.3 percent), food manufacturing (6.3 percent), automotive (12.2 percent), rubber and plastics (3.5 percent), pharmaceuticals (2 percent), ferrous metal smelting (6.1 percent), special equipment manufacturing (16.4 percent), non-metallic mineral products (5.5 percent), chemical raw materials and products (3.9 percent) and power equipment (4 percent). In contrast, agriculture output contracted 0.5 percent.
2020-06-15

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.