China’s industrial production grew 5.3% yoy in June 2026, accelerating from a 4.5% rise in May and surpassing expectations of 4.6%.

It was the strongest growth in industrial production since March, mainly driven by faster growth in manufacturing (6.0% vs 4.4% in May), while the production and supply of electricity, heat, gas, and water moderated (7.4% vs 7.6%).

By contrast, mining output contracted 2.2%, reversing a 2.3% increase in May.

Within manufacturing, 29 of the 41 major industries recorded growth, including computers and communications equipment (15.7%), railway and shipbuilding (18.2%), general equipment (6.7%), special equipment (9.9%), electrical machinery (7.0%), agriculture and food processing (3.1%), oil and gas (1.0%), textiles (3.4%), and automotive (8.7%).

Conversely, production fell in chemicals (-0.1%), coal mining and washing (-5.9%), and non-metallic mineral products (-3.8%).

For H1 of the year, industrial output rose 5.4%.

Monthly, industrial output gained 0.76%.