Industrial production in China grew 3.8% in July on a yearly basis, according to the latest report by the National Bureau of Statistics on Monday, coming in lower than the projected 4.9%.
Month-on-month, industrial production increased 0.38% in July. The production and supply of electricity, thermal power, gas and water gained the most at 9.5% compared to July 2021, followed by manufacturing at 8.4% and mining at 8.1%.