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Promising Start for Anhui's Industrial Economy in the First Quarter

Pub Date:2024-04-30 17:09 Source:english.anhuinews.com

This year, Anhui's industrial economy has started off well, as the province remains steadfast in its commitment to becoming a manufacturing powerhouse. In the first quarter, the added value of industrial enterprises above designated size in the province increased by 7.6% year-on-year, surpassing the national average by 1.5 percentage points. Among the 41 major industrial sectors, 33 industries experienced growth in value, accounting for 80.5% of the total, a significant increase of 12.2 percentage points compared to the full year of 2023.

With a focus on key industries and sectors, Anhui has expanded its effective investment this year. From January to March, industrial investment and investment in technological upgrading in the province maintained a growth rate of over 20%, far exceeding the national average. High-quality investment has facilitated high-quality development, with the value-added of high-tech manufacturing in Anhui increasing by 23.4% year-on-year, contributing nearly 40% to the growth of industries above designated size. The province has seen the addition of nearly 2,000 new industrial enterprises above designated size, surpassing a total of 23,000 enterprises, reaching a historical high.

In terms of profitability, Anhui's industrial enterprises above designated size achieved operating revenue of 732.73 billion yuan in the first two months, a year-on-year growth of 11.4%, surpassing the national average by 6.9 percentage points and ranking third nationwide. The total profit reached 32.07 billion yuan, a year-on-year growth of 49.1%, surpassing the national average by 38.9 percentage points and ranking fifth nationwide.

Source: anhuinews.com

Editor:Zheng Chen

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