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Economy

China's industrial capacity utilization rate at 76.4 pct in Q3

October 18, 2019


Abstract : China's industrial capacity utilization rate stood at 76.4 percent in the third quarter of 2019, unchanged from the second quarter, the National Bureau of Statistics (NBS) said Friday.

BEIJING, Oct. 18 (Xinhua) -- China's industrial capacity utilization rate stood at 76.4 percent in the third quarter of 2019, unchanged from the second quarter, the National Bureau of Statistics (NBS) said Friday.

The figure was down 0.1 percentage points from the same period a year earlier.

The utilization rate in the first nine months was 76.2 percent, down 0.4 percentage points from the same period in 2018, the NBS said in a statement.

Among the three major sectors, the mining sector's utilization rate in Q3 jumped 3.6 percentage points from last year. Manufacturing capacity utilization remained flat, while the production and supply of electricity, thermal power, gas and water dipped 2.3 percentage points in utilization.

NBS data also showed that China's value-added industrial output expanded 5.6 percent year on year in the first three quarters.

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Keyword: industrial capacity

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