Industrial production in China rose 3.5 percent year-on-year in October 2021, accelerating from a 3.1 percent advance in the previous month and beating market forecasts of a 3 percent gain, despite curbs to control COVID-19 outbreaks and supply shortages. Output growth accelerated for communication (14.0 percent vs 9.5 percent), electricity and heat production and supply industries (10.7% vs 8.9%), while chemicals production rebounded (0.8 percent, after showing no growth in September). Meantime, production continued to expand for general equipment (1.0 percent vs 3.0 percent), machinery (5.3 percent vs 6.8 percent). By contrast, production dropped further for textiles (-5.9 percent vs -5.8 percent), non-metal minerals (-12.8 percent vs -1.1 percent), and ferrous metals (-12.8 percent vs -9.7 percent). For the first ten months of the year, industrial production grew 10.9 percent year-on-year. source: National Bureau of Statistics of China

Industrial Production in China averaged 11.65 percent from 1990 until 2021, 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 2021.

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 5.50 percent in 2022 and 5.10 percent in 2023, according to our econometric models.

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China Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-10-18 02:00 AM Sep 3.1% 5.3% 4.5% 4.4%
2021-11-15 02:00 AM Oct 3.5% 3.1% 3% 2.9%
2021-12-15 02:00 AM Nov 3.5% 3.4%


Related Last Previous Unit Reference
Business Confidence 50.10 49.20 points Nov/21
Non Manufacturing PMI 52.30 52.40 percent Nov/21
Industrial Production Mom 0.39 0.05 percent Oct/21
Industrial Production 3.50 3.10 percent Oct/21
Manufacturing Production 2.50 2.40 percent Oct/21
New Orders 49.40 48.80 points Nov/21
Changes in Inventories 6718.00 6609.00 CNY HML Dec/20
Leading Economic Index 95.40 96.75 points Sep/21
Mining Production 6.00 3.20 percent Oct/21
Corporate Profits 7164990.00 6344080.00 CNY Million Oct/21
Cement Production 20140.24 20503.81 Ten Thousands of Tonnes Oct/21
Electricity Production 675120.00 738350.00 Gigawatt-hour Sep/21
Capacity Utilization 77.10 78.40 percent Sep/21

News Stream
China Industrial Output Rises More than Expected
Industrial production in China rose 3.5 percent year-on-year in October 2021, accelerating from a 3.1 percent advance in the previous month and beating market forecasts of a 3 percent gain, despite curbs to control COVID-19 outbreaks and supply shortages. Output growth accelerated for communication (14.0 percent vs 9.5 percent), electricity and heat production and supply industries (10.7% vs 8.9%), while chemicals production rebounded (0.8 percent, after showing no growth in September). Meantime, production continued to expand for general equipment (1.0 percent vs 3.0 percent), machinery (5.3 percent vs 6.8 percent). By contrast, production dropped further for textiles (-5.9 percent vs -5.8 percent), non-metal minerals (-12.8 percent vs -1.1 percent), and ferrous metals (-12.8 percent vs -9.7 percent). For the first ten months of the year, industrial production grew 10.9 percent year-on-year.
2021-11-15
China Industrial Output Growth at 18-Month Low
Industrial production in China rose 3.1 percent year-on-year in September 2021, easing from a 5.3 percent advance in the previous month and missing market forecasts of a 4.5 percent rise. This was the weakest pace of increase in industrial production since March 2020, during the first wave of the pandemic, due to power rationing triggered by coal shortages, as well as environmental curbs on several industries. Output growth slowed for general equipment (3.0 percent vs 6.7 percent in August), machinery (6.8 percent vs 10.3 percent), and communication (9.5 percent vs 13.3 percent), while chemicals production stalled (vs 5.5 percent in August). At the the same time, production dropped for textiles (-5.8 percent vs -2.5 percent), non-metal minerals (-1.1 percent vs 4.4 percent), and ferrous metals (-9.7 percent vs -5.3 percent). For the first nine months of the year, industrial production grew 11.8 percent year-on-year.
2021-10-18
China Industrial Output Growth at 13-Month Low
Industrial production in China increased 5.3% year-on-year in August of 2021, below market forecasts of a 5.8% rise, and after a 6.4% gain in the previous month. This was the weakest increase in industrial output since July 2020, amid COVID-19 curbs, persistent semiconductor shortages, and measures to control high pollution, with production slowing for both manufacturing and utilities. Production fell for textiles (-2.5% vs -1.0% in July), ferrous metals (-5.3% vs 2.6%); and slowed for transport equipment (1.3% vs 4.6%), machinery (1.3% vs 6.6%), chemicals (5.5% vs 6.6%), general equipment (6.7% vs 7.6%). By products, falls were seen in production of cement (-5.2% vs -6.6%). For the first eight months of the year, industrial production grew 13.1 percent year-on-year.
2021-09-15

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.