[Breaking] China Industrial Production Up 7.0% in Jan-Feb... 'Beats Expectations'

China's industrial production for January to February increased by 7.0% year-on-year, according to the National Bureau of Statistics of China on the 18th.

This figure exceeds both the market forecast (5.3%) and the previous month's figure (6.8%). Industrial production aggregates the total output of factories, mines, and public facilities, reflecting trends in manufacturing. It is also used as a leading indicator for employment and average income.