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Industrial production in China 2018 - 2022 Q1

China's industrial production on rollercoaster ride in 2020/2021

The course of China's industrial production from the year 2000 to 2021 is already published here. As growth rates of industrial production have recently changed more strongly, this article follows their quarterly and monthly course.

Update May 2nd, 2022 - The diagram shows the growth rates since Jan/Feb 2021. They move in a range from 3.1% to 35.1%. These are rates adjusted for prices, i.e. real growth rates and declines.

From January to March 2022 industrial production grew by 6.5% compared to the same period of previous year according to the National Statistical Office of China.

China's industrial production from 2021 to 2022.
Source: National Stataistical Office of China, Industrial Production Operation, 2022-04-20.

China's industrial production on rollercoaster ride in 2020/2021

The diagram shows the quarterly index changes of China's industrial production since the first quarter 2018 up to the first quarter 2022.

China's quarterly industrial production from 2018 to 2022.

The outbreak of the Corona pandemic in China led to strict lockdowns also at industrial plants, as well as production delays due to control measures.

Once the pandemic was largely overcome, industrial production skyrocketed. The pent-up domestic Chinese demand had to be met. And demand from still pandemic-stricken foreign countries was high.

The first quarter of 2022 signals a certain normalization of industrial production at a higher level than before the outbreak of the pandemic.

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