Huai'an China News
Industrial Production and Investments Maintained Rapid Growth in Huai’an
time:2023-09-22

The added value of the industries above the designated size in Huai’an increased by 6.2% year-on-year in the first eight months. Of the 34 major industries included in the statistics of Huai’an, 20 industries maintained a positive growth in cumulative total output value, and 14 industries recorded a positive growth in total monthly output value. Major projects such as NGC, ZENITH, Trina Solar, and Jietai Solar have been put into operation, resulting in a cumulative total output growth of 3.5 percentage points.

From January to August, the fixed assets investments of the enterprises above the designated size in Huai’an grew by 12.1% year on year, representing a 5.3 percentage point increase over the first seven months. The average growth rate was 11.1% over the past two years. Industrial investments increased by 17.3%, and have maintained a relatively fast growth rate.