Growth Rate of Anhui Industry in First 2 Months Ranks 1st
OREANDA-NEWS. In the first two months, above-scale industries across Anhui realized 139.63 billion yuan of value-added, up 12.9% year on year, 4.3 percentage points higher than national average level.
In the first two months, the equipment manufacturing industry across Anhui generated value-added 46.21 billion yuan, up 15.4%, contributing 38.3% to all industrial growth and hi-tech industry achieved value-added 46.42 billion yuan, an increase of 15% and contributing 37.7% to all industrial growth.
Meanwhile, the emerging industry contributed significantly. In Jan-Feb, the value-added of electrical machinery and equipment manufacturing industry, non-ferrous metal smelting and rolling processing industry and Chemical raw materials and products manufacturing industry increased by 15.8%, 20.1% and 15.4% respectively, contributing 26.7% to all industrial growth in total.
Small and medium enterprises (SMEs) and private enterprises are the driving force. In Jan-Feb, SMEs across Anhui generated 85.18 billion yuan in value-added, up 17.6%, 11.1 percentage points higher than large-scale enterprises and contributing 78.6% to all industrial growth. Private enterprises realized 88.75 billion yuan of value-added, up 15.8% and contributing 74.7% to all industrial growth.
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