China's industrial output grows at slowest pace since Sept 2024 amid export fluctuations and anti-involution policies

Source: Mysteel Dec 16, 2025 12:00

China's industrial output grew at the slowest pace since September 2024 in November, as export uncertainties and the continued anti-involution push tempered production momentum.

Data released by the National Bureau of Statistics (NBS) show that, the output of large-scale industrial enterprises grew by 4.8% year on year in November, slowing by 0.1 percentage points from the previous month, marking the slowest growth since September 2024. On a month-on-month basis, industry output grew 0.44% in