|Unit||% Y/Y, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||National Bureau of Statistics of the People's Republic of China|
|Industrial Production||Feb 2023||2.4||% Y/Y, NSA||Monthly|
|Purchasing Managers index||Feb 2023||52.6||50.1||Dif. Index=50, SA||Monthly|
|Change in Inventories||2017||9,585||8,053||100 Mil. CNY||Annual|
For China, growth rate of industrial production, by type of enterprise.
In China, the Industrial Production data is compiled by the National Bureau of Statistics (NBS) of China. These data are collected based on the requirement of all level of government to understand the country's industrial production and businss activities, in order to formulate policies for economic management and control.
The statistical reporting system is divided into annual and periodic reports. This data set is in monthly frequency, while the annual data are published altogether in the Year Book release
The scope of the statistical industries reports only large-scale enterprises that earn over five million Yuan revenue per annum.
As part of the "national survey", the Industrial Production data are reported by statistical offices at provincial and municipal level based on a standardized scope.
We compute quarterly versions for select industrial sectors.
Because of Lunar New Year celebrations, 11 periods are reported, and our calendar skips from December to February. The initial report around the middle of the month is the headline value, followed about a week later by detail.
The Industrial Production data is initially released in a report publication on the National Bureau of Statistics website. The publication of a more sophistiated statistical breakdown comes a week after the initial report and may contain revision data of previous months.
The four enterprise ownership categories do not sum to the total, because they overlap. For example, a share-holding enterprise may also be a state-owned enterprise.
The source combines January and February data to minimise seasonal effects of Lunar New Year. We follow the same and not publish the monthly figures for January and February. Cumulated data will not be affected by this.
At the source: