Industry in China

China Industry | Economic News & Forecasts

China - Industry

Industrial production broadly stable in August

Industrial production expanded 6.1% annually in August, slightly above July’s 6.0% and matching market expectations.

August’s print reflected an acceleration in electricity generation and mining output, while manufacturing production growth edged down.

On a month-on-month basis, industrial production increased 0.52% in seasonally-adjusted terms in August, above July’s 0.47% expansion. Annual average growth in industrial production, meanwhile, edged up from 6.4% in July to 6.5% in August. Despite the slight improvement in August, growth in industrial production remains sluggish and the trend could even worsen in the coming months when spillovers from the ongoing trade dispute with the United States start to kick in.


China Industrial Production Forecast


FocusEconomics Consensus Forecast participants expect industrial production to rise 6.4% in 2018, which is unchanged from last month’s forecast. In 2019, the panel sees industrial production growth decelerating to 6.1%.

China - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)9.7  8.3  6.1  6.0  6.6  

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China Industry Chart


China Industry
Note: Annual variation of industrial production in %.
Source: National Bureau of Statistics of China and FocusEconomics calculations.

China Facts

ValueChangeDate
Bond Yield3.69-0.40 %Sep 20
Exchange Rate6.85-0.19 %Sep 20
Stock Market2,729-0.34 %Sep 20

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