FX.co ★ China Industrial Capacity Utilization Drops to 74.9% in Q4

In the fourth quarter of 2025, China's industrial capacity utilization rate declined to 74.9 percent, a decrease from 76.2 percent in the same timeframe the previous year. This reduction was attributed to decreased production across several sectors: mining saw a drop to 71.7 percent from 75.6 percent in Q4 of 2024, the manufacturing industry experienced a decline to 75.2 percent from 76.4 percent, and the electricity, heat, gas, and water supply sector fell to 74.0 percent from 74.8 percent. When compared to the third quarter, the industrial capacity utilization was marginally higher at 74.6 percent, marking an increase of 0.3 percentage points. Over the entire year of 2025, the average capacity utilization stood at 74.4 percent, representing a 0.6 percentage point decrease from the previous year.