Huai'an China News
Huai'an City's Economy Maintains An Upward Trajectory From January to April
time:2025-05-29

From January to April, amid a complex and challenging macroeconomic landscape, Huai'an City's economy continued to advance under pressure, with strong support from key indicators, sustaining a positive upward trend.

The city's industrial production demonstrated steady growth. From January to April, the city achieved a total industrial output value of RMB 147.433 billion among enterprises above a designated size, marking an 11.0% year-on-year increase; the total power consumption across all sectors reached 10.755 billion kilowatt-hours, up by 5.2%; the industrial power consumption rose by 8.4% to 7.170 billion kilowatt-hours; the total invoiced sales from the entire industrial sector amounted to RMB 128.547 billion yuan, reflecting a 9.0% increase. Five key industries—the comprehensive utilization of waste resources, water production and supply, metal products, non-ferrous metal smelting and rolling processing, and general equipment manufacturing—saw cumulative output value growth of 65.1%, 32.3%, 30.0%, 23.2%, and 19.6%, respectively. Collectively, these sectors contributed to a 4.4 percentage point increase in the city's overall industrial output growth rate.

The city maintained effective investment growth. In the first four months of the year, Huai'an City reported a 6.7% year-on-year increase in fixed-asset investment, though the growth rate moderated by 10.6 percentage points compared to the same period last year. Notably, project investment surged by 13.5%, and industrial investment climbed by 19.0%. In terms of the sources of funds, private investment accounted for 84.3% of the investment in enterprises above a designated size. From January to April, the city's 403 major municipal-level industrial projects completed RMB 62.638 billion in investment, achieving 39.76% of the annual target, 6.43 percentage points ahead of schedule. In the manufacturing sector, 333 projects secured a total investment of RMB 57.757 billion (39.44% of the annual target); in the producer service sector, 22 projects secured a total investment of RMB 2.694 billion (40.07% of the annual target); in the agricultural industrialization sector, 8 projects secured a total investment of RMB 1.159 billion (37.75% of the annual target); in the sci-tech innovation sector, 40 projects under RMB 100 million secured a total investment of RMB 1.028 billion (79.51% of the annual target).