China's industrial capacity utilization rate increased 7.1 percentage points from a record low in first quarter to 74.4% over April-June, data showed from the National Bureau of Statistics on July 16.
It, however, was still 2 percentage points lower than the same quarter in 2019 and the lowest reading for the second quarter at least since 2017.
Over January-June, the country's industrial capacity utilization rate stood at 71.1%, down 5.1 percentage points from the first half last year.
The capacity utilization rate in mining industry stood at 72.1%, a decrease of 2.5 p.p. from the same period of the previous year, yet up 5.0 p.p. from the first quarter, that in manufacturing sector was 74.8%, down 2.1 p.p. year on year but up 7.6 p.p. from January-March, and the rate of production and supply of electric power, heat power, gas and water came in at 70.6%, down 0.2 p.p. but up 2.8 p.p.
The capacity utilization rate in coal mining and washing industry was 69.6%, the food manufacturing industry 70.4%, the textile industry 72.7%, the chemical raw materials and chemical products manufacturing industry 74.2%.
The rate in non-metallic mineral products industry stood at 68.2%, ferrous metal smelting and rolling processing industry 78.4%, non-ferrous metal smelting and rolling processing industry 79.2%.
That in general equipment manufacturing industry was at 77.3%, special equipment manufacturing industry 77.6%, automotive manufacturing industry 74.6%, electrical machinery and equipment manufacturing 78.1%, and computer, communications and other electronic equipment manufacturing 78.4%.
(Writing by Emma Yang Editing by Jessie Jia)
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