China's industrial production expanded 1.3% yoy in December 2022, more than market estimates of a 0.2% rise but slowing from a 2.2% growth in the previous month. This was the weakest growth in industrial production since May, amid rising COVID infections and a downturn in the property sector. Among sectors, output of both manufacturing and mining eased, amid a rebound in utilities. Within manufacturing, output grew for coal mining & washing (3.7%), oil & gas (6.7 %), chemical raw materials (11%), ferrous metal smelting (2.8%), non-ferrous metal smelting (6.3%), electrical machinery (10.8%) electricity (8.6%), and communication (1.1%); while production shrank for agriculture (-2.0%), textiles (-3.0%), general manufacturing (-3.4%), and automotive (-0.5%). For the whole year of 2022, the industrial production rose by 3.6% from a year earlier. source: National Bureau of Statistics of China

Industrial Production in China averaged 11.37 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 January of 2023.

Industrial Production in China is expected to be 2.70 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 3.90 percent in 2024, according to our econometric models.

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China Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 02:00 AM Nov 2.2% 5% 3.6% 4%
2023-01-17 02:00 AM Dec 1.3% 2.2% 0.2% 0.8%
2023-03-15 02:00 AM Jan-Feb 1.3% 0.5%


Related Last Previous Unit Reference
Business Confidence 47.00 48.00 points Dec 2022
Non Manufacturing PMI 41.60 46.70 percent Dec 2022
Industrial Production Mom 0.06 -0.31 percent Dec 2022
Industrial Production 1.30 2.20 percent Dec 2022
Manufacturing Production 0.20 2.00 percent Dec 2022
New Orders 43.90 46.40 points Dec 2022
Changes in Inventories 10996.00 6718.00 CNY HML Dec 2021
Leading Economic Index 94.39 93.85 points Sep 2022
Electricity Production 757900.00 666671.58 Gigawatt-hour Dec 2022
Mining Production 4.90 5.90 percent Dec 2022
Cement Production 16844.00 19172.00 Ten Thousands of Tonnes Dec 2022
Capacity Utilization 75.70 75.60 percent Dec 2022
Corporate Profits 7717960.00 6976820.00 CNY Million Nov 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
1.30 2.20 35.10 -21.10 1990 - 2022 percent Monthly

News Stream
China Industrial Output Rises the Least in 7 Months
China's industrial production expanded 1.3% yoy in December 2022, more than market estimates of a 0.2% rise but slowing from a 2.2% growth in the previous month. This was the weakest growth in industrial production since May, amid rising COVID infections and a downturn in the property sector. Among sectors, output of both manufacturing and mining eased, amid a rebound in utilities. Within manufacturing, output grew for coal mining & washing (3.7%), oil & gas (6.7 %), chemical raw materials (11%), ferrous metal smelting (2.8%), non-ferrous metal smelting (6.3%), electrical machinery (10.8%) electricity (8.6%), and communication (1.1%); while production shrank for agriculture (-2.0%), textiles (-3.0%), general manufacturing (-3.4%), and automotive (-0.5%). For the whole year of 2022, the industrial production rose by 3.6% from a year earlier.
2023-01-17
China Industrial Output Rises The Least in 6 Months
China's industrial production advanced 2.2% yoy in November 2022, less than market estimates of a 3.6% increase and easing from a 5.0% gain in the previous month. This was the weakest growth in industrial production since May, amid rising COVID infections and strict curbs as well as a downturn in the property sector. Among sectors, output of manufacturing grew softer, amid a decline in utilities, while mining activity accelerated. Within manufacturing, output expanded for coal mining & washing (5.5%), oil & gas (7.2%), chemical raw materials (10.8%), ferrous metal smelting (9.4%), non-ferrous metal smelting (9.4%), automotive (4.9%), and electrical machinery (12.4%); while production fell for general manufacturing (-0.9%), agriculture (-2.9%), textiles (-4.7%), electricity (-1.0%), and communication (-1.1%).
2022-12-15
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