Economic Buzz: China?s Q2 capacity utilization drops to 5-year low at 74%

China?s industrial capacity utilization fell to 74 percent in Q2 2025, the lowest since early 2020, down from 74.9% a year ago. The drop was led by declines in mining and manufacturing activity. In contrast, utilities saw a slight rise. The rate also edged down from 74.1% in the March quarter, continuing a gradual downward trend from 75% in 2024.

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