The industrial capacity utilization rate in China jumped to 77.2 in the first quarter of 2021 from 67.3 percent in the same period a year earlier, as a recovery in the economy from the COVID-19 disruption gained momentum. The utilization rate rose for all categories: mining (75.3 percent vs 67.1 in Q1 2020); manufacturing (77.6 percent vs 67.2 percent); and electricity, heat, and gas, water (74.5 percent vs 67.8 percent). In 2020, industrial capacity utilization was 74.5 percent, down 2.1 percentage points from 2019. In the December quarter 2020, the industrial capacity utilization rate was at 78.0 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 May of 2021.
Capacity Utilization in China is expected to be 77.40 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 2022, according to our econometric models.