FX.co ★ China's Industrial Production Shows Positive Growth, Reaching 7% in February 2024

China's industrial production displayed a positive trend in February 2024 as it rose to 7%, surpassing the previous indicator of 6.8% in December 2023. The data, updated on 18th March 2024, revealed a year-over-year comparison, showcasing the country's progress in its industrial sector. The comparison highlights the growth in industrial output from the same month a year ago, indicating a steady upward trajectory for China's manufacturing activities. This increase in industrial production is a promising sign for the Chinese economy and suggests potential stability and growth in the industrial sector moving forward.