Economic activity expanded 4.2% year on year in July (June: +0.2% yoy). A pick-up from June was always likely, as...
Industrial Production in China
China recorded an average industrial production growth rate of 6.5% in the decade to 2022, above the 4.1% average for the Asia-Pacific region. In 2022, China's industrial growth was 3.6%. For more industry information, visit our dedicated page.
China Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for China from 2014 to 2023.
Source: Macrobond.
China Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 5.7 | 2.8 | 9.6 | 3.6 | 4.6 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Chinese industry projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Chinese industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Chinese industry projections.
Want to get access to the full dataset of Chinese industry forecasts? Send an email to info@focus-economics.com.
Latest Global Economic Activity News
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Chile: Economic activity rises in annual and monthly terms in July -
Dominican Republic: Economic activity growth wanes in July Economic activity rose 4.8% in year-on-year terms in July, which was weaker than June’s 6.2% increase. According to preliminary data,... -
Israel: Decline in economic activity softens in July The Bank of Israel’s Composite State of the Economy Index declined 0.03% in month-on-month seasonally adjusted terms in July, which... -
Peru: Economic activity growth slows sharply in June Economic activity increased 0.2% year on year in June (May: +5.1% yoy). Looking at the details of the release, the... -
Argentina: Economic activity deteriorates in June The monthly indicator for economic activity (EMAE) decreased 3.9% in year-on-year terms in June, which contrasted May’s 1.9% increase and... -
Panama: Economic activity growth slows in June Economic activity increased 1.9% compared to the same month of the previous year in June, which followed May’s 3.9% increase.... -
Guatemala: Economic activity growth wanes in June Economic activity rose 2.9% compared to the same month of the previous year in June, which was a deterioration from...