China's industrial production expanded 5.0% yoy in October 2022, less than market estimates of a 5.2% increase and after a 6.3% growth in the prior month which was the fastest pace in seven months. The slowdown highlighted that a recovery in the Chinese economy is losing momentum amid rising COVID cases and strict curbs as well as a downturn in the property sector. Among sectors, output growth slowed for both mining and manufacturing while activity related to utilities accelerated (4.0% vs 2.9%). Within manufacturing, output grew for coal mining & washing (3.0%), oil & gas (6.7%), chemical raw materials (9.8%), pharmaceuticals (1.6%), ferrous metal smelting (10.2%), general manufacturing (2.0%), special equipment manufacturing (3.0%), non-ferrous metal smelting (6.8%), automotive (18.7%), electrical machinery (16.3%), communication (9.4%), and electricity (4.1%); while production fell for agriculture (2.0%), textiles (-4.2%), and metal products (-3.1%). source: National Bureau of Statistics of China

Industrial Production in China averaged 11.42 percent from 1990 until 2022, 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 December of 2022.

Industrial Production in China is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Industrial Production is projected to trend around 4.10 percent in 2023 and 3.90 percent in 2024, according to our econometric models.

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China Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-10-24 01:45 AM Sep 6.3% 4.2% 4.5% 4.4%
2022-11-15 02:00 AM Oct 5% 6.3% 5.2% 5.6%
2022-12-15 02:00 AM Nov 5% 4.4%


Related Last Previous Unit Reference
Business Confidence 48.00 49.20 points Nov 2022
Non Manufacturing PMI 46.70 48.70 percent Nov 2022
Industrial Production Mom 0.33 0.84 percent Oct 2022
Industrial Production 5.00 6.30 percent Oct 2022
Manufacturing Production 5.20 6.40 percent Oct 2022
New Orders 48.10 49.80 points Oct 2022
Changes in Inventories 10996.00 6718.00 CNY HML Dec 2021
Leading Economic Index 92.88 95.03 points Jul 2022
Mining Production 4.00 7.20 percent Oct 2022
Electricity Production 661000.00 683000.00 Gigawatt-hour Oct 2022
Corporate Profits 6976820.00 6244180.00 CNY Million Oct 2022
Cement Production 20383.69 20861.93 Ten Thousands of Tonnes Oct 2022
Capacity Utilization 75.60 75.10 percent Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 6.30 35.10 -21.10 1990 - 2022 percent Monthly

News Stream
China Industrial Output Growth Below Forecasts
China's industrial production expanded 5.0% yoy in October 2022, less than market estimates of a 5.2% increase and after a 6.3% growth in the prior month which was the fastest pace in seven months. The slowdown highlighted that a recovery in the Chinese economy is losing momentum amid rising COVID cases and strict curbs as well as a downturn in the property sector. Among sectors, output growth slowed for both mining and manufacturing while activity related to utilities accelerated (4.0% vs 2.9%). Within manufacturing, output grew for coal mining & washing (3.0%), oil & gas (6.7%), chemical raw materials (9.8%), pharmaceuticals (1.6%), ferrous metal smelting (10.2%), general manufacturing (2.0%), special equipment manufacturing (3.0%), non-ferrous metal smelting (6.8%), automotive (18.7%), electrical machinery (16.3%), communication (9.4%), and electricity (4.1%); while production fell for agriculture (2.0%), textiles (-4.2%), and metal products (-3.1%).
2022-11-15
China Industrial Output Rises the Most in 7 Months
China's industrial production advanced by 6.3% yoy in September 2022, beating market consensus of a 4.5 percent growth and August's reading of 4.2%. It was the fifth straight month of growth in industrial output and the steepest pace since February, amid a sustained recovery from COVID-19 curbs with production accelerating for both manufacturing (6.4% vs 3.1% in August) and mining (7.2% vs 5.3%). Meantime, utilities output eased (2.9% vs 13.6%). Among manufacturing, output grew faster for raw materials and chemical products (12.1% vs 3.8%); communication (10.6% vs 5.5%), general equipment (2.3% vs 0.8%), amid a rebound in production of both food processing industry (1.5% vs -2.3%) and textiles (1.6% vs -5.1%). Meanwhile, production slowed for both automobile (23.7% vs 30.5%) and electricity and heat production and supply industries (2.2% vs 15.3%). For the first nine months of 2022, industrial output rose by 3.9% from the same period of 2021.
2022-10-24
China Factory Output Growth Beats Forecasts
China's industrial production increased by 4.2% yoy in August 2022, compared with market consensus and July's reading of 3.8%. It was the fourth straight month of growth in industrial output and the steepest pace since March following signs that the recent COVID wave may have peaked, with production accelerating for both manufacturing (3.1% vs 2.7% in July) and utilities (13.6% vs 9.5%). Meanwhile, mining output slowed (5.3% vs 8.1%). Among manufacturing, output grew faster for automobile (30.5% vs 22.5%), electricity and heat production and supply industries (15.3% vs 10.4%), while rebounded for general equipment (0.8% vs -0.4%). Meantime, output slowed for both chemical raw materials and chemical products (3.8% vs 4.7%); communication (5.5% vs 7.3%), amid further declines in production of both food processing industry (-2.3% vs -0.8%), textiles (-5.1% vs -4.8%). For the first eight months of 2022, industrial output rose by 3.6% from the same period of 2021.
2022-09-16