FX.co ★ China Q1 Industrial Capacity Utilization Rate Up to 74.1%

In the first quarter of 2025, China's industrial capacity utilization rate rose to 74.1 percent, an improvement over the 73.6 percent recorded during the same period the previous year. This rise was primarily driven by accelerated growth in the manufacturing sector, which saw its utilization rate increase to 74.1 percent from 73.8 percent in the first quarter of 2024. Additionally, the sectors of electricity, heat, gas, and water supply experienced a notable rise in utilization, reaching 73.6 percent compared to 71.2 percent the year before. Conversely, the mining sector's utilization rate experienced a slight dip, moving from 75 percent to 74.6 percent. The industrial capacity utilization rate in the December quarter stood at 76.2 percent. Throughout the last year, there was a marginal decline in the utilization rate, down to 75 percent from 75.1 percent in 2023.