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Guiyang's industrial growth soars

eguiyang.com.cn|Updated: June 12, 2024

The industrial added value above designated size in Guiyang, capital of Southwest China's Guizhou province, increased by 12.8 percent year-on-year from January to April, up 0.4 percentage points compared to the first quarter and surpassing the national average by 6.5 percentage points.

As a result, Guiyang ranked first in the province and second among the 10 provincial capitals in the western region.

Data shows that the added value of the mining industry increased by 68.0 percent, the added value of the manufacturing industry increased by 9.3 percent, and the production and supply of electricity, heat, gas and water rose 18.4 percent.

The added value of the seven key industries, namely advanced equipment manufacturing, new energy vehicles, electronic information manufacturing, aluminum and aluminum processing, phosphorus chemical industry, ecological foods, and healthcare, increased by 23.6 percent. Among them, the phosphorus chemical industry increased by 51.5 percent, while the aluminum and aluminum processing industry increased by 59.0 percent.

Additionally, the added value of large and medium-sized enterprises increased by 12.0 percent, while that of small and micro enterprises increased by 16.8 percent.

The city's fixed-asset investment increased by 9.2 percent year-on-year, up 0.8 percentage points compared to the first quarter. Of this total, industrial investment increased by 12.8 percent, while investment in high-tech industries jumped 38.0 percent year-on-year.