Industrial Capacity Utilization Rate in the Fourth Quarter of 2023

National Bureau of Statistics of China 2024-01-18 10:00 Print| Large| Medium| Small

In the fourth quarter of 2023, the industrial capacity utilization rate of industrial enterprises above the designated size nationwide was 75.9 percent, up by 0.2 percentage point from the same period of the previous year and 0.3 percentage point from the previous quarter. In 2023, the national industrial capacity utilization rate was 75.1 percent, down by 0.5 percentage point from the previous year.

 

 

In terms of sectors, in the fourth quarter of 2023, the capacity utilization rate of the mining industry was 77.1 percent, up by 0.6 percentage point from the same period of the previous year; that of the manufacturing industry was 76.0 percent, up by 0.2 percentage point; that of production and supply of electricity, heat power, gas and water was 74.4 percent, up by 0.4 percentage point.

 

In terms of major industries, in the fourth quarter of 2023, the capacity utilization rate of mining and washing of coal was 75.6 percent, that of manufacture of foods was 71.3 percent, that of textile industry was 76.2 percent, that of manufacture of raw chemical materials and chemical products was 76.7 percent, that of manufacture of non-metallic mineral products was 64.7 percent, that of smelting and pressing of ferrous metals was 76.4 percent, that of smelting and pressing of non-ferrous metals was 79.6 percent, that of manufacture of general purpose machinery was 79.2 percent, that of manufacture of special purpose machinery was 77.5 percent, that of manufacture of automobiles was 76.9 percent, that of manufacture of electrical machinery and apparatus was 77.1 percent, and that of manufacture of computers, communication equipment and other electronic equipment was 77.6 percent.

 

Industrial Capacity Utilization Rate in the Fourth Quarter of 2023

 

Indicators

The Fourth Quarter

2023

Capacity Utilization Rate (%)

Increase or Decrease Rate (±%) Y/Y

Capacity Utilization Rate (%)

Increase or Decrease Rate (±%) Y/Y

Industry

75.9

0.2

75.1

-0.5

Of which: Mining

77.1

0.6

75.6

-1.2

Manufacturing

76.0

0.2

75.3

-0.5

Production and supply of electricity, heat power, gas and water

74.4

0.4

73.0

0.2

Of which: Mining and washing of coal

75.6

0.2

74.4

-0.5

Extraction of petroleum and natural gas

92.1

0.8

91.4

-0.6

Manufacture of foods

71.3

-0.6

70.3

-1.4

Textile industry

76.2

0.0

76.4

-0.8

Manufacture of raw chemical materials and chemical products

76.7

0.7

75.3

-1.4

Manufacture of medicines

75.4

-2.2

74.9

-0.7

Manufacture of chemical fibers

85.7

6.5

84.3

2.0

Manufacture of non-metallic mineral products

64.7

-2.5

64.7

-2.3

Smelting and pressing of ferrous metals

76.4

2.9

78.2

1.9

Smelting and pressing of non-ferrous metals

79.6

0.2

79.5

0.2

Manufacture of general purpose machinery

79.2

-0.1

79.2

0.0

Manufacture of special purpose machinery

77.5

0.0

77.5

-0.1

Manufacture of automobiles

76.9

3.7

74.6

1.9

Manufacture of electrical machinery and apparatus

77.1

-1.9

77.0

-0.3

Manufacture of computers, communication equipment and other electronic equipment

77.6

-0.9

75.7

-2.1

 

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

 

A comprehensive survey of large and medium-sized enterprises and a sample survey of small and micro enterprises involved about 110,000 industrial enterprises.

 

Small and micro enterprises calculate the overall population according to the sampling method, and synthesize the survey data of large and medium-sized enterprises to calculate the national industrial capacity utilization rate.

 

The survey was conducted on a quarterly basis and the data are not seasonally adjusted.

 

3.    Standard on industrial classification

 

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