The added value of the province’s industrial enterprises above designated size increased by 5.5% in the first three quarters, latest statistics from the provincial department of industry and information technology show.
The growth rate of industrial profits rebounded. From January to August, the province's above-scale industries posted a total profit of 533.08 billion yuan, an increase of 8.1% year on year.
Industrial investment has risen steadily. From January to August, the province's industrial investment increased by 5.6% year-on-year, an increase of 1.2 percentage points higher than the national level.
The province's industrial technology reform investment increased by 10.4% year-on-year, an increase of 2.3 percentage points over the same period last year.
Since the beginning of this year, the province has focused on building a strong manufacturing power by promoting the development of advanced manufacturing clusters, accelerating the construction of an independent and controllable advanced manufacturing system, and promoting the industrial structure towards the mid-to-high end. The positive factors of industrial economic restructuring are accumulating and developing and the endogenous power is increasing.
From January to September, the added value of industrial enterprises above designated size in the southern and central Jiangsu regions increased by 6.8% and 6.4% respectively, making obvious support to the province's industrial growth.
Strategic emerging industries are gathering growth momentum. From January to August, the growth rate of the primary operating income of offshore equipment, smart consumer equipment, glass fiber and products was 6%, 3.3%, and 0.5 percentage points higher than the provincial average growth rate. The profit growth rate of robots, offshore equipment, and glass fiber was 35.9, 23.5 and 11.6 percentage points higher than the provincial average.
(Source: ourjiangsu.com)
