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China Industrial Production
Last Release
Feb 28, 2023
Actual
2.4
Units In
%
Previous
1.3
Frequency
Monthly
Next Release
Apr 18, 2023
Time to Release
23 Days 5 Hours
Highest | Lowest | Average | Date Range | Source |
35.1 Jan 2021 | -21.1 Jan 1990 | 11.35 % | 1990-2023 | National Bureau of Statistics of China |
In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Latest Updates
China's industrial production advanced 2.4% yoy in January-February 2023 combined, faster than a 1.3% gain in December 2022 but less than market forecasts of 2.6%. Manufacturing output quickened following the lifting of the zero-COVID policy, while activity slowed at both mining and utilities. Within manufacturing, output expanded for coal mining & washing (5.0%), oil & gas (4.2 %), chemical raw materials (7.8%), ferrous metal smelting (5.9%), non-ferrous metal smelting (6.7%), non-metallic mineral products (0.7%), electrical machinery (13.9%) electricity (2.3%), and agriculture (0.3%); while production fell for textiles (-3.5%), communication (-2.6%), general manufacturing (-1.2%), and automotive (-1.0%). In 2022, the industrial production grew by 3.6%.
China Industrial Production History
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