China's industrial capacity utilisation rate dips to 75.7% in Q4 2022

29 Jan 23 1 min read

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.

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