China's industrial capacity utilization rate came in at 74.3 percent in the first quarter of 2023, down 1.5 percentage points from the same period a year earlier, official data showed.
China's manufacturing sector has demonstrated strong resilience and growth potential, with the government rolling out a raft of policies to stabilize the industrial chain, ease burdens on enterprises, and promote industrial transformation.
Jinshan district and Baoshan district, the southern and northern ends of Shanghai, will accelerate transformation to further facilitate the integrated development of the Yangtze River Delta region, the municipal government said on a press conference on Tuesday.