According to the data released by the National Statistical Institute of China, the industrial capacity utilization rate of China’s metal smelting, rolling and processing sector in the fourth quarter of last year stood at 82%, up 0.4 points on a quarterly basis and 1.8 points on a year-on-year basis.
In 2020, the industrial capacity utilization rate of China’s metal smelting, rolling and processing sector was 78.8%, down 1.2 percentage points year on year.
In the fourth quarter of 2020, China’s total industrial capacity utilization rate was recorded at 78%, up 0.5 percentage points year on year and 1.3 points quarter on quarter. In the given year, the country’s total industrial capacity utilization rate was 74.5%, down 2.1 points year-on-year.