Jilin province's industrial added value surges

Updated: 2020-11-02
(ejilin.gov.cn)

Northeast China's Jilin province has seen a surge in the added value of its industries above a designated scale in the first three quarters of the year, reporting a growth rate of 6.2 percent year-on-year which ranked it third in China.

Since the start of the year, Jilin has actively overcome the impact of the novel coronavirus epidemic.

To facilitate the return to work and production by companies, Jilin has made continued efforts to ensure the stable operation of its industrial chain and the stable development of businesses, so as to promote the rapid industrial growth of the whole province.

In September, the growth rate of the province's industrial added value reached 19.5 percent, ranking it first in China.

In the first three quarters, the added value of the automobile manufacturing industry in Jilin increased by 15.5 percent year-on-year, 6.3 percentage points higher than that in the first half of the year.

Auto manufacturer FAW Group Corporation - headquartered in Changchun, capital city of Jilin - produced 2,638,100 vehicles of its own brands in the period, up 9.5 percent year-on-year and sold 2,656,700 units, up 8 percent year-on-year.

The petrochemical, food, equipment, metallurgy, building materials, medicine, textiles, electronics and other industries in the province stabilized and recovered - with the growth rate of these industries' added value in September all in positive territory.

In the first three quarters, the output value of 500 key enterprises increased by 7.8 percent year-on-year, 2.2 percentage points higher than that for the whole province.

In terms of key industries, in addition to the continued strong growth of the auto industry's industrial added value, the petrochemicals industry decreased by 3.5 percent in the period - although the rate of decline narrowed by 4 percentage points compared with the first half of the year.

The pharmaceutical industry decreased by 2 percent, but the rate of decline narrowed by 3.5 percentage points compared with the first half of the year.

Meanwhile, the food industry increased by 0.8 percent and the growth rate increased by 0.5 percentage points compared with the first half of the year; and the equipment manufacturing industry increased 0.5 percent, compared with negative growth in the first half of the year.

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