Guizhou sees robust Jan-July industrial and investment growth

From January to July, Guizhou's added value of industries above a designated size increased by 8.7 percent year-on-year. By sector, mining rose 14.4 percent, manufacturing grew 8.0 percent, while power, heat, gas, and water production and supply advanced 5.2 percent.

State-owned holding enterprises grew 6.1 percent, shareholding companies rose 9.0 percent, foreign and Hong Kong, Macao, Taiwan-invested enterprises increased 4.6 percent, and private enterprises surged 12.2 percent.

Out of 39 major industrial categories, 30 achieved growth. Automobile manufacturing soared 75.1 percent, electrical machinery and equipment rose 68.5 percent, computer and electronic device manufacturing advanced 36.6 percent, and non-ferrous metal smelting and rolling grew 33 percent.

Automobile output jumped 209.3 percent, electronic components rose 19.7 percent, aluminum products grew 17.5 percent, phosphate fertilizers increased 4.9 percent, and power generation was up 4.8 percent.

Fixed asset investment increased 2.5 percent, with industrial investment rising 15 percent. Electricity, heat, gas, and water supply investment surged 42.4 percent, information transmission and IT services rose 21.6 percent, education grew 12.4 percent, healthcare and social work increased 11.5 percent, and water conservancy and environmental management rose 6.8 percent.

Real estate investment increased 2.0 percent, private investment grew 5.1 percent, and high-tech industry investment rose 16.5 percent, including 18.5 percent growth in high-tech manufacturing and 14.6 percent in high-tech services.