The industrial capacity utilization rate in China fell to 75.1 percent in the second quarter of 2022 from 78.4 percent in the same period a year earlier, pointing to the weakest reading since the June quarter 2020. The utilization rate declined for both manufacturing (75.4 percent vs 78.8 percent in Q2 2021), and electricity, heat, and gas, water increased (70.6 percent vs 74.7 percent), amid disruptions caused by the COVID-19 infections. On the flip side, the utilization rate of mining went up (76.7 percent vs 76.1 percent). In the March quarter of 2022, the industrial capacity utilization rate was at 75.8 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 78.4 percent in the second quarter of 2021 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 August of 2022.
Capacity Utilization in China is expected to be 77.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Industrial Capacity Utilization is projected to trend around 77.00 percent in 2023 and 76.00 percent in 2024, according to our econometric models.