Huai'an China News
Huai'an's Economy Maintains Steady and Positive Growth from January to July
time:2025-08-29

From January to July, Huai'an's economy maintained a steady and positive growth trend.

Industrial production grew steadily, with strong support from key industries. From January to July, the total output value of industrial enterprises above the designated size in the city increased by 10.0% year-on-year, and their added value rose by 8.6%. Invoiced industrial sales and industrial electricity consumption grew by 9.5% and 8.2%, respectively, both up 0.7 percentage points from the first half of the year. In terms of key industries, the metal products industry, general equipment manufacturing, electrical machinery and equipment manufacturing, computer, communication and other electronic equipment manufacturing, and comprehensive utilization of waste resources reported cumulative output value growth of 16.3%, 25.9%, 17.4%, 18.5%, and 50.3%, respectively. Together, these five industries contributed an additional RMB 15.0 billion in output value, driving the city's cumulative output value growth rate up by 6.0 percentage points.

Effective investment showed moderate growth, with sustained momentum in advancing major projects. From January to July, fixed asset investment by industrial enterprises above the designated size in the city increased by 0.6% year-on-year, industrial investment rose by 12.1% year-on-year, manufacturing investment grew by 10.0% year-on-year, and infrastructure investment surged by 30.8% year-on-year. During the same period, 399 major municipal industrial projects completed investments of RMB 112.293 billion, achieving 70.9% of the annual plan, 12.5 percentage points ahead of schedule. Among them, 331 manufacturing projects completed RMB 104.159 billion, fulfilling 70.4% of the annual plan; 20 productive service projects completed RMB 4.709 billion, achieving 79.5% of the annual plan; 8 agricultural industrialization projects completed RMB 2.132 billion, reaching 68.8% of the annual plan; and 40 science and technology innovation projects each under RMB 100 million completed a combined RMB 1.292 billion, fulfilling 96.4% of the annual plan.