(Fighting against New Coronary Pneumonia) The utilization rate of China's automobile manufacturing capacity in the first quarter dropped significantly year-on-year
China News Agency, Beijing, April 17 (Reporter Yan Xiaohong) The China Association of Automobile Manufacturers revealed on the 17th that the capacity utilization rate of China's automobile manufacturing industry in the first quarter of 2020 was 56.9%, a year-on-year decrease of 21.4%, and the decrease was 12.3 percentage points higher than the manufacturing industry in the same period. ; 12.8 percentage points higher than the decline of industrial enterprises during the same period.
In March, China's total retail sales of automotive products was 260.9 billion yuan (RMB, the same below), a year-on-year decrease of 18.1%, accounting for 9.9% of the total social retail sales.
In the first quarter, China ’s total retail sales of automotive goods was 632.6 billion yuan, a year-on-year decrease of 30.3%, which was narrower than the previous February, but it was still significantly higher than the decline in the total retail sales of the whole society, accounting for 8.1% of the total retail sales of the whole society. Lower than the same period.
In the first quarter, automotive fixed asset investment fell by 27.2% year-on-year, a decrease of 13.8 percentage points from January to February.
In the first quarter, the industrial added value of China's auto manufacturing industry declined by 26% year-on-year, slightly narrowing from January to February, and still significantly higher than the decline in industrial added value of industrial enterprises above designated size during the same period.
As the speed of resumption of production and production continues to accelerate in the future, it is expected that the capacity utilization rate of China's automobile manufacturing industry will continue to increase, while the decline will continue to narrow. (Finish)