Industrial Capacity Utilization Rate in the First Quarter of 2024

National Bureau of Statistics of China 2024-04-17 10:00 Print| Large| Medium| Small

In the first quarter of 2024, the industrial capacity utilization rate of industrial enterprises above the designated size nationwide was 73.6 percent, down by 0.7 percentage point from the same period of the previous year and 2.3 percentage points from the previous quarter.

In terms of sectors, in the first quarter of 2024, the capacity utilization rate of the mining industry was 75.0 percent, down by 0.2 percentage point from the same period of the previous year; that of the manufacturing industry was 73.8 percent, down by 0.7 percentage point; that of production and supply of electricity, heat power, gas and water was 71.2 percent, down by 0.7 percentage point.

In terms of major industries, in the first quarter of 2024, the capacity utilization rate of mining and washing of coal was 71.6 percent, that of manufacture of foods was 69.1 percent, that of the textile industry was 78.0 percent, that of manufacture of raw chemical materials and chemical products was 76.4 percent, that of manufacture of non-metallic mineral products was 62.0 percent, that of smelting and pressing of ferrous metals was 77.3 percent, that of smelting and pressing of non-ferrous metals was 78.2 percent, that of manufacture of general purpose machinery was 78.2 percent, that of manufacture of special purpose machinery was 77.0 percent, that of manufacture of automobiles was 64.9 percent, that of manufacture of electrical machinery and apparatus was 72.7 percent, and that of manufacture of computers, communication equipment and other electronic equipment was 74.7 percent.

Industrial Capacity Utilization Rate in the First Quarter of 2024

Indicators	Q1
Indicators	Capacity Utilization Rate (%)	Increase or Decrease Rate (±%) Y/Y
Industry	73.6	-0.7
Of which: Mining	75.0	-0.2
Manufacturing	73.8	-0.7
Production and supply of electricity, heat power, gas and water	71.2	-0.7
Of which: Mining and washing of coal	71.6	-2.2
Extraction of petroleum and natural gas	91.7	0.5
Manufacture of foods	69.1	-1.6
Textile industry	78.0	2.5
Manufacture of raw chemical materials and chemical products	76.4	0.9
Manufacture of medicines	76.0	0.8
Manufacture of chemical fibers	85.6	3.5
Manufacture of non-metallic mineral products	62.0	-1.9
Smelting and pressing of ferrous metals	77.3	-0.8
Smelting and pressing of non-ferrous metals	78.2	0.4
Manufacture of general purpose machinery	78.2	-0.9
Manufacture of special purpose machinery	77.0	0.0
Manufacture of automobiles	64.9	-7.1
Manufacture of electrical machinery and apparatus	72.7	-3.1
Manufacture of computers, communication equipment and other electronic equipment	74.7	1.0

Annotations:

1. Explanatory Notes

Capacity utilization rate: refers to the ratio of actual output to production capacity (both measured by value).

The actual output of the enterprise refers to the total industrial output value of the enterprise in the reporting period; the production capacity of the enterprise refers to the product output that the enterprise can achieve and can maintain for a long time when the production equipment (machinery) maintains normal operation under the condition that the supply of labor, raw materials, fuel, transport, etc. is guaranteed during the reporting period.

2. Survey Method and Statistical Coverage

The survey involving about 110,000 industrial enterprises includes a comprehensive survey of large and medium-sized enterprises and a sample survey of micro and small enterprises.

Extrapolate aggregate data of micro and small enterprises based on sampling method and synthesize the survey data of large and medium-sized enterprises to calculate the national industrial capacity utilization rate.

The survey is conducted on a quarterly basis and the data acquired is not seasonally adjusted.

3. Standard on industrial classification

The National Industrial Classification of All Economic Activities (GB/T4754-2017) was performed.