Guizhou achieves robust industrial growth over past 3 quarters

In the first three quarters of this year, the added value of large-scale industries in Southwest China's Guizhou province increased by 7.3 percent compared to the same period last year, with the growth rate 5.9 percentage points higher than the first quarter and 1 percentage point higher than the first half of 2023, surpassing the national average by 3.3 percentage points. 

Guiyang, Zunyi, and Bijie saw year-on-year growth rates of 10.2 percent, 9.7 percent, and 7.8 percent, respectively, making them the top three in Guizhou.

According to Wang Jiaqiang, deputy director of the Industry and Information Technology Department of Guizhou Province, 346 new industrial projects worth over 100 million yuan ($13.93 million) have started construction in Guizhou, and 208 industrial projects worth over 100 million yuan have been put into operation. Thirteen industrial sectors achieved positive growth in value-added output.

From January to September, industrial investment increased by 15.8 percent year-on-year, accounting for 30 percent of fixed-asset investment in Guizhou. Investments in new energy vehicles, battery materials, aerospace and equipment manufacturing, and basic materials have achieved high-speed growth.

So far, the province has established 162 national-level and provincial-level green factories, nine green supply chain management demonstration enterprises, 27 green industrial parks, 43 green design products, and four green design demonstration enterprises for industrial products.