China’s industrial capacity utilisation rate dropped by 1.7 percentage points year-on-year (YoY) to stand at 75.7 per cent in the fourth quarter (Q4) of 2022, as per the National Bureau of Statistics. However, the rate was up by 0.1 percentage points compared to that of Q3 2022.For 2022, the East Asian nation’s industrial capacity utilisation rate fell by 1.9 percentage points YoY to reach 75.6 per cent, according to local media reports.
The country’s utilisation rate of the production and supply of utilities was marked at 74 per cent and that of the manufacturing sector at 75.8 per cent.
China's industrial capacity utilisation rate dropped by 1.7 percentage points YoY to stand at 75.7 per cent in Q4 of 2022, as per the National Bureau of Statistics. The rate was up by 0.1 percentage points compared to that of Q3 2022. For 2022, the nation's industrial capacity utilisation rate fell by 1.9 percentage points YoY to reach 75.6 per cent.
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