Cooled by rising fuel prices and decline of auto demands as well as bank loans, China's industrial production rose last month at the slowest pace since April, Bloomberg reported. Output at manufacturers, mines and power plants climbed 16.7 percent from a year earlier, the statistics bureau said today. Growth slowed from June's 19.5 percent pace, which was the fastest on record. The report suggests record oil prices and government restrictions on investment and lending are beginning to cool the world's fastest-growing major economy. The World Bank, which raised a growth forecast for China today, said surging spending on factories threatens to leave the nation with idle capacity. ``We see signs of softening in the economy, but I don't think the central bank has done enough to cool it,'' said the paper quoted Tao Dong, chief Asia economist at Credit Suisse Group in Hong Kong as saying. ``Industrial production growth is going to remain at this pace. There will not be another major drop.''