China Industrieproduktion

China’s industrial production advanced 5.2% yoy in December 2025, accelerating from a 4.8% rise in the previous month and surpassing market expectations of 5.0%. This marked the fastest increase since September, driven by stronger growth in manufacturing activity (5.7% vs 4.6% in November), amid the government's effort to boost domestic demand. Meanwhile, output from mining (5.4% vs 6.3%) and electricity, heat, gas, and water (0.8% vs 4.3%) also continued to expand. Within manufacturing, 33 of 41 major industries recorded growth, including computers and communications equipment (11.8%), railway and shipbuilding (9.2%), automotive (8.3%), chemical products (8.0%), coal mining and washing (6.4%), non-ferrous metal smelting and rolling (4.8%), electrical machinery and equipment (4.3%), textiles (3.7%), oil and gas extraction (3.7%), food manufacturing (3.2%), and heat production (1.1%). For the full year, industrial production grew 5.9%. Monthly, industrial output rose 0.49%.