The industrial capacity utilization rate in China edged up to 78.0 percent in the fourth quarter of 2020 from 77.5 percent in the same period a year earlier. This was the highest reading since the December quarter of 2017, as the economy recovered further from the COVID-19 disruption. The utilization rate rose for both manufacturing (78.4 percent vs 78.0 percent in Q4 2019); and electricity, heat, and gas, water production (74.3 percent vs 73.6 percent). Meantime, the utilization rate for the mining sector fell slightly (75.0 percent vs 75.1 percent). Considering full 2020, industrial capacity utilization was at 74.5 percent, down 2.1 percentage points 2019. In the September quarter 2020, the industrial capacity utilization rate was at 76.7 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 March of 2021.
Capacity Utilization in China is expected to be 70.20 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.