Guiyang's industrial growth surges in early 2024

From January to May 2024, Guiyang's large-scale industrial added value increased by an impressive 12.4 percent year-on-year – taking the city, capital of Southwest China's Guizhou province, to new levels of progress. 

The growth rate easily outpaced the national average of 6.2 percent and the provincial average of 7.8 percent by 6.2 and 4.6 percentage points, respectively. Guiyang's industrial performance ranked third among the 10 provincial capital cities in West China and first within the province during the period.

The significant industrial growth is said to reflect Guiyang's ongoing efforts to strengthen its industrial base and drive its economic development forwards.

Moreover, the city's commitment to innovation and sustainable development is deemed to have positioned it as a leader in the region. Local industries, from manufacturing to technology, have been expanding and upgrading, contributing to the robust economic performance.

Adding to the momentum, Guiyang is continuing to attract investment and foster an environment conducive to industrial growth – aiming to maintain its leading position and further boost its economic vitality in the coming months.