China’s industrial production grew 4.5% year-on-year in May 2026, accelerating from a 4.1% rise in April, which was the softest growth since July 2023, and surpassing market expectations of 4.3%. Activity accelerated in both manufacturing (4.4% vs 4.0% in April) and the production and supply of electricity, heat, gas, and water (7.6% vs 5.3%), while growth in mining moderated to 2.3% from 3.8%. Within manufacturing, 28 of 41 major industries recorded growth, including computers and communications equipment (17.0%), railway and shipbuilding (7.4%), general equipment (6.7%), special equipment (9.1%), electrical machinery (4.7%), chemicals (0.3%), coal mining and washing (3.5%), agriculture and food processing (1.5%), oil and gas (1.5%), textiles (2.6%), and automotive (8.3%). Conversely, production of non-metallic mineral products fell (-5.6%). For the first five months of the year, industrial output expanded 5.4%. On a monthly basis, industrial output rose 0.4%. source: National Bureau of Statistics of China

Industrial Production in China increased 4.50 percent in May of 2026 over the same month in the previous year. Industrial Production in China averaged 10.83 percent from 1990 until 2026, 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 June of 2026.

Industrial Production in China increased 4.50 percent in May of 2026 over the same month in the previous year. Industrial Production in China is expected to be 5.00 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 2027 and 3.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-18 02:00 AM
Industrial Production YoY
Apr 4.1% 5.7% 5.9% 5.5%
2026-06-16 02:00 AM
Industrial Production YoY
May 4.5% 4.1% 4.3% 4.7%
2026-07-15 02:00 AM
Industrial Production YoY
Jun 4.5% 5%


Related Last Previous Unit Reference
NBS Manufacturing PMI 50.00 50.30 points May 2026
Industrial Capacity Utilization 73.60 74.90 percent Mar 2026
Cement Production 14991.00 14571.00 Ten Thousands of Tonnes May 2026
Changes in Inventories 15366.10 11183.40 CNY Hundred Million Dec 2025
Industrial Profits (YTD) YoY 2435840.00 1696040.00 CNY Million Apr 2026
Electricity Production 744000.00 802480.00 Gigawatt-hour Apr 2026
Industrial Production YoY 4.50 4.10 percent May 2026
Industrial Production Mom 0.40 0.05 percent May 2026
Leading Economic Index 143.60 144.80 points Apr 2026
Manufacturing Production YoY 4.40 4.00 percent May 2026
Mining Production 2.30 3.80 percent May 2026
New Orders 49.90 50.60 points May 2026


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
4.50 4.10 35.10 -21.10 1990 - 2026 percent Monthly

News Stream
China Industrial Production Growth Tops Forecasts
China’s industrial production grew 4.5% year-on-year in May 2026, accelerating from a 4.1% rise in April, which was the softest growth since July 2023, and surpassing market expectations of 4.3%. Activity accelerated in both manufacturing (4.4% vs 4.0% in April) and the production and supply of electricity, heat, gas, and water (7.6% vs 5.3%), while growth in mining moderated to 2.3% from 3.8%. Within manufacturing, 28 of 41 major industries recorded growth, including computers and communications equipment (17.0%), railway and shipbuilding (7.4%), general equipment (6.7%), special equipment (9.1%), electrical machinery (4.7%), chemicals (0.3%), coal mining and washing (3.5%), agriculture and food processing (1.5%), oil and gas (1.5%), textiles (2.6%), and automotive (8.3%). Conversely, production of non-metallic mineral products fell (-5.6%). For the first five months of the year, industrial output expanded 5.4%. On a monthly basis, industrial output rose 0.4%.
2026-06-16
China Industrial Output Growth Lowest Since 2023
China’s industrial production expanded 4.1% yoy in April 2026, slowing from a 5.7% rise in March and below expectations of 5.9%. It was the softest growth in industrial production since July 2023, as fallout from the Iran war dampened momentum in China’s economy. Activity moderated in both mining (3.8% vs 5.7% in March) and manufacturing (4.0% vs 6.0%), while electricity, heat, gas, and water accelerated (5.3% vs 3.5%). Within manufacturing, 29 of 41 major industries recorded growth, including computers and communications equipment (15.6%), railway and shipbuilding (8.2%), general equipment (5.5%), special equipment (6.2%), electrical machinery (3.1%), chemicals (5.3%), coal mining and washing (3.8%), agriculture and food processing (3.5%), oil and gas (4.6%), textiles (2.3%), and automotive (9.2%). Conversely, production of non-metallic mineral products shrank (-6.5%). For the 1st four months of the year, industrial output climbed 5.6%. Monthly, industrial output edged up 0.05%.
2026-05-18
China Industrial Output Growth Beats Estimates
China’s industrial production grew 5.7% yoy in March 2026, surpassing market expectations of 5.5% but slowing from a 6.3% rise in the combined January–February period, as fallout from the Iran war dampened momentum in China's economy. Activity moderated across major sectors, including mining (5.7% vs 6.1% in January–February), manufacturing (6.0% vs 6.6%), and utilities, electricity, heat, gas, and water (3.5% vs 4.7%). Within manufacturing, 30 of 41 major industries posted growth, including computers and communications equipment (12.5%), railway and shipbuilding (13.3%), general equipment (6.3%), special equipment (6.2%), electrical machinery (5.4%), chemicals (9.0%), coal mining and washing (5.3%), agriculture and food processing (8.0%), oil and gas (9.4%), textiles (1.7%), automotive (7.5%), and electricity and heat production (4.2%). In contrast, output contracted for non-metallic mineral products (-5.5%). Monthly, industrial output grew 0.28%. For Q1, industrial output rose 6.1%.
2026-04-16