Industrial capacity utilization rate in China rose to 77.5 percent in the fourth quarter of 2019 the highest in two years, from 76.4 percent in the prior quarter. The utilization rate rose for all categories: manufacturing (78 percent vs 76.9 percent in Q3), mining (75.1 percent vs 74.7 percent), and electricity, heat, and gas, water production rose (73.6 percent vs 72.1 percent). Considering 2019 full year, the utilization rate was 76.6 percent, up 0.1 percentage points from 2018.
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 72.90 percent in the first quarter of 2016. This page provides - China Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Bureau of Statistics of China
Capacity Utilization in China is expected to be 76.40 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 76.00 in 12 months time. In the long-term, the China Industrial Capacity Utilization is projected to trend around 76.00 percent in 2020, according to our econometric models.