Description
China's industrial capacity utilization rate is released by the National Bureau of Statistics (NBS). This indicator measures the utilization of production capacity in China's manufacturing sector and is an important indicator for assessing the efficiency and potential growth of the industrial sector. Higher capacity utilization indicates higher industrial activity and efficiency, while lower utilization may mean capacity is underutilized and could signal an economic slowdown.
Note: Capacity utilization = actual production capacity / potential production capacity