The industrial capacity utilization rate in China edged up to 76.7 percent in the third quarter of 2020 from 76.4 percent in the same period a year earlier, as the world's second-largest economy recovered further from the COVID-19 pandemic. The utilization rate rose for both manufacturing (77.2 percent vs 76.9 percent in Q3 2019); and electricity, heat, and gas, water production (72.8 percent vs 72.1 percent). Meantime, the utilization rate for the mining sector fell (73.9 percent vs 74.7 percent). Considering the first nine months of the year, industrial capacity utilization was at 73.1 percent, down 3.1 percentage points from the same period of 2019. In the June quarter 2020, the industrial capacity utilization rate was at 74.4 percent. source: National Bureau of Statistics of China
Capacity Utilization in China averaged 74.99 percent from 2013 until 2017, reaching an all time high of 78.0 percent in the fourth quarter of 2017 and a record low of 67.30 percent in the first quarter of 2020. This page provides - China Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Industrial Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Capacity Utilization in China is expected to be 70.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in China to stand at 76.50 in 12 months time. In the long-term, the China Industrial Capacity Utilization is projected to trend around 76.00 percent in 2021, according to our econometric models.