China's industrial capacity utilization rate falls 1.7 percent in Q4

A staff member works in a textile factory at the integrated industrial park in Moyu County of Hotan, northwest China's Xinjiang Uygur autonomous region, Jan 11, 2022. PHOTO XINHUA BEIJING - China's industrial capacity utilization rate came in at 75.7 percent in the fourth quarter of 2022, down 1.7 percentage points from the same period a year earlier, official data showed.

The figure increased by 0.1 percentage points from the previous quarter, according to the National Bureau of Statistics.

In 2022, the country's industrial capacity utilization rate was at 75.6 percent, down 1.9 percentage points from 2021.

The mining sector's utilization rate fell by 0.5 percentage points from the same period in 2021, but it came in at 76.5 percent in Q4 compared to 76.5 percent in the same sector in the same period in 2021.

The utilization rate of the manufacturing sector and the production and supply of utilities was 75.8 percent and 74 percent, respectively.