China’s industrial production expanded 5.5% year-on-year in September 2026, accelerating from a 5.2% rise in August and surpassing expectations of 5.4%. It was the strongest growth in industrial output since March, as electricity, heat, gas, and water output rose faster (5.6% vs 4.9% in August), while mining rebounded (1.3% vs. -1.4%) and manufacturing continued to expand (6.0% vs 6.1%). In the first nine months of 2026, industrial output rose 5.3%. Month-on-month, industrial output increased 0.61%.