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- China’s industrial production increases 6.8% year-on-year in March
China’s industrial production increases 6.8% year-on-year in March
The National Bureau of Statistics said on Friday that China's industrial production increased 6.8% year-on-year in March, exceeding expectations for a 5.9% rise, down from a 5.4% gain in January and February. It was the biggest rise since June 2015.
On a monthly base, the country's industrial production was up 0.64% in March.
Fixed-asset investment in China climbed 10.7% year-on-year in the January - March period, beating forecasts for a 10.3% growth, after a 10.2% rise in the January - February period.
Retail sales in China increased 10.5% year-on-year in March, exceeding expectations for a 10.4% gain, after a 10.2% rise in January and February.
These data shows that the Chinese economy seems to stabilise.
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