| 15 Jul 2024 10:13 | | Economic Buzz: China's Industrial Capacity Utilization Rises to 74.9% in Q2 2024 | | | China's industrial capacity utilization rate increased to 74.9% in Q2 2024, up from 74.5% a year earlier. The rise was driven by higher utilization in mining (76.0% vs 74.8%) and manufacturing (75.2% vs 74.8%). Utilization in electricity, heat, gas, and water remained unchanged at 71.4%. In Q1 2024, the rate was 73.6%. For the first half of 2024, capacity utilization was 74.3%, slightly down from 74.4% in H1 2023. Last year, the rate moderated to 75.1% from 75.6% in 2022. | | Powered by Capital Market - Live News |
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