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China Industrial Capacity Usage at Over 2-Year Low

EthereumCraftsman
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The industrial capacity utilization rate in China fell to 73 percent in the second quarter of 2026 from 74 percent in the corresponding period in the previous year. This marked the lowest reading since the first quarter of 2024, driven by lower production across the three major categories, such as the mining industry (69.1 percent vs 72.7 percent in Q2 2025), manufacturing industry (73.5 percent vs 74.3 percent), and electricity, heat, gas, and water supply (70.4 percent vs 71.5 percent). Compared to the first quarter of 2026, industrial capacity utilization was at 73.6 percent, or 0.6 percentage points higher. For the first half of the year, capacity utilization averaged at 73.3 percent, down 0.7 percentage points in the same period a year earlier.
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