Guizhou sees robust Jan-Aug industrial and investment growth

From January to August, Guizhou's industrial production grew rapidly, with equipment manufacturing showing strong growth momentum. The industrial added value above a designated size in the province increased by 8.0 percent year-on-year.

The added value of mining increased by 13.2 percent year-on-year, manufacturing by 7.3 percent, and power, heat, gas, and water production and supply by 5.1 percent.

The added value of state-owned holding enterprises grew by 6.0 percent, shareholding enterprises 8.6 percent, foreign and Hong Kong, Macao, Taiwan-invested enterprises 3.6 percent, and private enterprises 11.4 percent.

The added value of automobile manufacturing grew 67.0 percent, electrical machinery and equipment 66.3 percent, computer and electronic device manufacturing 36.7 percent, and non-ferrous metal smelting and rolling 32.0 percent.

Automobile output rose 176.8 percent, electronic components 15.3 percent, aluminum products 15.7 percent, phosphate fertilizers 4.8 percent, and power generation 4.4 percent.

Fixed asset investment increased 1.2 percent, with industrial investment rising 12.6 percent. Investment in the production and supply of electricity, heat, gas, and water rose 35.9 percent, while investment in information transmission and IT services rose 23.5 percent. The education sector saw a 10.6 percent rise, and healthcare and social work grew by 10.2 percent.

Real estate investment increased 1.7 percent, private investment 5.5 percent, and high-tech industry investment 17.0 percent, including 19.3 percent growth in high-tech manufacturing and 14.9 percent in high-tech services.