AI Data Insight
The newly released China Q3 2026 gasoline production fell to 11.457 million tons, a decrease of 2.8% from the previous 11.785 million tons, continuing the volume contraction trend. The rapid penetration of new energy vehicles (NEVs) and weak refinery profit margins are the core keys to the output decline. Facing the dual pressures of domestic capacity consolidation and structural demand transition in the future, traditional fuel output may face long-term recessionary pressure.