From January to May, thanks to joint efforts across the city and its various departments, Huai'an City's economy withstood external pressures and continued its stable, upward development.
Industrial production maintained steady growth, underpinned by robust support from key sectors. From January to May, the total output value of industrial enterprises above designated size increased by 11.9% year-on-year, while the added value of these enterprises rose by 8.6% year-on-year, with May alone recording a 7.5% increase. Among the key sectors, the cumulative output of five key sectors—the manufacture of electrical machinery and equipment, the manufacture of chemical raw materials and products, the manufacture of computer, communication, and other electronic equipment, the manufacture of metal products, and the manufacture of alcoholic beverages, drinks, and refined tea—grew by 13.8%, 11.7%, 17.3%, 26.1%, and 16.9% respectively. These sectors collectively contributed an increase of RMB 8.996 billion, boosting the city's cumulative output growth rate by 5.5 percentage points.
Effective investment also continued to grow steadily, with particularly rapid growth in industrial investment. From January to May, fixed asset investment in Huai'an City increased by 5.4% year-on-year. Notably, project investment reached RMB 80.968 billion, up 12.7%. Industrial investment totaled RMB 65.655 billion, an increase of 19.6%. From January to May, the city's 403 major municipal-level industrial projects completed RMB 78.896 billion in investment, achieving 50.09% of the annual target, 8.42 percentage points ahead of schedule. In the manufacturing sector, 333 projects secured a total investment of RMB 72.994 billion (49.85% of the annual target); in the producer service sector, 22 projects secured a total investment of RMB 3.406 billion (50.66% of the annual target); in the agricultural industrialization sector, 8 projects secured a total investment of RMB 1.408 billion (45.86% of the annual target); in the sci-tech innovation sector, 40 projects under RMB 100 million secured a total investment of RMB 1.087 billion (84.07% of the annual target).