The standout figure is the production of sedans, which flat out collapsed. Production is down 26% from the prior year, but also from the prior month. Electricity was down 2%, the first negative figure since the 3.7% drop in March. I will infer that the
recession in the Northeast is as bad as it was in Q2, if not worse.
Steel production goes negative
Cement still contracting
Ethylene production contracting
Auto production tumbles, sedan production collapses
Electricity contracts
Refined oil production still growing
Source:
2015年7月份规模以上工业增加值增长6.0%
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