Industrial capacity utilization rate in China slumped to a record low of 67.3 percent in the first quarter of 2020 from 75.9 percent in the same period a year ago, as the world's second-largest economy battled with the coronavirus outbreak. The utilization rate declined for all categories: manufacturing (67.2 percent vs 76.3 percent in Q1 2019); mining (67.1 percent vs 73.1 percent); and electricity, heat, and gas, water production (67.8 percent vs 71.6 percent).
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 June of 2020. source: National Bureau of Statistics of China
Capacity Utilization in China is expected to be 76.20 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.