Industrial sales in east China’s Jiangsu province hit 1.36 trillion yuan in January, up 1.3% year on year, the provincial department of industry and information technology said on Saturday.
The industrial sales in major regions such as Nanjing, Wuxi, Changzhou, Suzhou and Nantong posted positive growth while those in Zhenjiang and Lianyungang reversed from negative to positive.
The key enterprises performed well with the key monitored enterprises posting prime operating revenue growth by 4.2% year on year. The top 50 key monitored companies' prime operating revenue increased by 7.2% year on year.
In January, six of the eight major industries in the province maintained steady or rapid growth. The pharmaceutical, light industry and metallurgical industries have maintained relatively good momentum. Engineering machinery, rail transit, fiber optic cable and other industrial sectors maintained a relatively high growth rate due to the impact from country’s policies and market demand.
The key strategic enterprises emerging industries placed under the monitoring scheme posted steady operation with their prime operating revenue increasing by 5.3% year on year, higher than the overall industrial level.
Jiangsu is expected to inject greater industrial investment this year with the projects to be focused on the advantageous industries and emerging industries in a bid to ensure the high-quality development of the industry throughout the year.
