Guizhou's industrial economy sees strong start to 2025

Guizhou province announced that its industrial economy performed strongly in the first quarter of 2025.

The added value of industries above designated size in the province rose 10.3 percent year-on-year – 3.8 percentage points higher than the national average and the third highest growth rate in the nation. Industrial output accounted for 28.3 percent of the province's GDP and contributed 41 percent to overall economic growth.

Industrial investment continued to expand, with 63 major projects (each valued over 100 million yuan) beginning construction, and 20 projects put into operation. Total industrial investment increased 13.9 percent year-on-year, pushing its share of total fixed-asset investment up to 36.3 percent.

Meanwhile, high-tech manufacturing and equipment manufacturing surged 17.1 percent and 40.5 percent, respectively, significantly outpacing the same period last year and highlighting the province's strategic focus on innovation-driven development.

Progress was also made in the digitalization of key sectors. Preliminary classification and grading guidelines were established for the liquor, chemical, materials, and pharmaceutical industries. Meanwhile, 1,000 small and medium-sized enterprises underwent digital diagnostic assessments to map their current capabilities.

Guizhou advanced its environmental initiatives with energy audits completed for 72 cement companies and four flat glass enterprises. The province met national energy intensity targets for industrial output.

Additionally, enterprises across the province reported improved performance. Revenue and total profit of industrial firms above designated size grew 10.7 percent and 24.4 percent, respectively.