The industrial capacity utilization rate in China fell to 74.3 percent in the first quarter of 2023 from 75.8 percent in the same period a year earlier. This was the lowest level since the March quarter of 2020, reflecting the impact of COVID outbreaks and prolonged tough restrictions. The utilization rate declined for all sectors, namely mining (75.2 percent vs 77.0 percent in Q1 of 2022), manufacturing (74.5 percent vs 75.9 percent), and electricity, heat, gas, and water (71.9 vs percent vs 73.8 percent). In the December quarter of 2022, the industrial capacity utilization rate was at 75.7 percent. source: National Bureau of Statistics of China

Capacity Utilization in China averaged 75.56 percent from 2013 until 2023, reaching an all time high of 78.40 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 June of 2023.

Capacity Utilization in China is expected to be 75.50 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 76.20 percent in 2024 and 75.90 percent in 2025, according to our econometric models.

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China Industrial Capacity Utilization



Calendar GMT Actual Previous Consensus TEForecast
2023-01-17 02:00 AM Q4 75.7% 75.6% 73%
2023-04-18 02:00 AM Q1 74.3% 75.7% 76.3%
2023-07-17 02:00 AM Q2 74.3% 75.5%


Related Last Previous Unit Reference
Business Confidence 48.80 49.20 points May 2023
Non Manufacturing PMI 54.50 56.40 percent May 2023
Industrial Production Mom -0.47 0.28 percent Apr 2023
Industrial Production 5.60 3.90 percent Apr 2023
Manufacturing Production 6.50 4.20 percent Apr 2023
New Orders 48.30 48.80 points May 2023
Changes in Inventories 15932.80 10996.00 CNY HML Dec 2022
Leading Economic Index 94.39 93.85 points Sep 2022
Mining Production 0.00 0.90 percent Apr 2023
Electricity Production 658350.00 717292.00 Gigawatt-hour Apr 2023
Corporate Profits 2032880.00 1516740.00 CNY Million Apr 2023
Cement Production 19391.45 20580.00 Ten Thousands of Tonnes Apr 2023
Capacity Utilization 74.30 75.70 percent Mar 2023

China Industrial Capacity Utilization
In China, Capacity Utilization is the difference between the potential and actual use of an input. Capacity utilization is high when actual output is close to potential output because the most use is being made of labor and capital. The survey includes about 90,000 industrial enterprises.
Actual Previous Highest Lowest Dates Unit Frequency
74.30 75.70 78.40 67.30 2013 - 2023 percent Quarterly
NSA

News Stream
China Q1 Industrial Capacity Utilization Rate Down to 3-Year Low
The industrial capacity utilization rate in China fell to 74.3 percent in the first quarter of 2023 from 75.8 percent in the same period a year earlier. This was the lowest level since the March quarter of 2020, reflecting the impact of COVID outbreaks and prolonged tough restrictions. The utilization rate declined for all sectors, namely mining (75.2 percent vs 77.0 percent in Q1 of 2022), manufacturing (74.5 percent vs 75.9 percent), and electricity, heat, gas, and water (71.9 vs percent vs 73.8 percent). In the December quarter of 2022, the industrial capacity utilization rate was at 75.7 percent.
2023-04-18
China Q4 Industrial Capacity Utilization Rate Down to 75.7
The industrial capacity utilization rate in China fell to 75.7 percent in the fourth quarter of 2022 from 77.4 percent in the same period a year earlier, reflecting the impact of COVID outbreaks and tough restrictions. The utilization rate declined for all sectors, namely mining (76.5 percent vs 77.0 percent in Q4 2021), manufacturing (75.8 percent vs 77.6 percent), and electricity, heat, and gas, water increased (74.0 vs percent vs 75.4 percent). In the September quarter of 2022, the industrial capacity utilization rate was at 75.6 percent.
2023-01-17
China Q3 Industrial Capacity Rate Drop
The industrial capacity utilization rate in China fell to 75.6 percent in the third quarter of 2022 from 77.1 percent in the same period a year earlier, reflecting the impact of the recent COVID wave and widespread mobility restrictions. The utilization rate declined for both manufacturing (75.9 percent vs 77.3 percent in Q3 2021), and electricity, heat, and gas, water increased (72.7 percent vs 75.3 percent). On the flip side, the utilization rate of mining went up (76.9 percent vs 76.0 percent). In the June quarter of 2022, the industrial capacity utilization rate was at 75.1 percent which was the weakest reading since the June quarter of 2020.
2022-10-24