Industry in China
China - Industry
Industrial production growth plunges to 17-year low in July
Industrial production increased 4.8% year-on-year in July, down from June’s 6.3% expansion. July’s print undershot analysts’ expectations of a 5.8% rise and marked the weakest expansion since February 2002.
The reading reflected slowdowns in output growth in the manufacturing and energy sectors, while production growth in the mining sector was stable.
On a month-on-month basis, industrial production increased 0.19% in seasonally-adjusted terms in July, down from the 0.68% increase in June. Annual average growth in industrial production, meanwhile, edged down to 5.8% in July from June’s 5.9%.
FocusEconomics Consensus Forecast participants expect industrial production to rise 5.9% in 2019, which is unchanged from the previous month’s forecast. In 2020, the panel sees industrial production growth decelerating to 5.7%.
China - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 9.7 | 8.3 | 6.1 | 6.0 | 6.6 |
China Industry Chart
Source: National Bureau of Statistics of China and FocusEconomics calculations.
China Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.18 | -0.40 % | Jul 31 |
| Exchange Rate | 6.88 | -0.19 % | Jul 31 |
| Stock Market | 2,933 | -0.34 % | Jul 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
China: New tariffs to hit certain Chinese exports from 1 September, but some delayed until December
August 20, 2019
While initially threatening to slap a 10% tariff on the remaining USD 300 billion of imports from China, U.S. President Donald Trump partially backed down in mid-August by postponing imposing tariffs on a list of consumer goods from 1 September to 15 December.
China: Growth in house prices stable in July
August 15, 2019
House prices in 70 large- and medium-sized cities rose 0.6% in July in month-on-month terms according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS).
China: Industrial production growth plunges to 17-year low in July
August 14, 2019
Industrial production increased 4.8% year-on-year in July, down from June’s 6.3% expansion.
China: Investment growth eases in January–July
August 14, 2019
Urban fixed asset investment expanded 5.7% year-to-date in July, slightly below the 5.8% increase in January–June and market expectations of a 5.8% increase. The result reflected a stronger contraction in the primary sector while growth in the tertiary sector slowed; however, investment growth in secondary sector accelerated.
China: Retail sales slow in July
August 14, 2019
In July, nominal retail sales grew 7.6% on an annual basis, down from the 9.6% increase in June and below market expectations of 8.6%.
© Copyright: 2019 | China Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
