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Guiyang industrial growth surges ahead of national, regional averages

english.guiyang.gov.cn|Updated: 2024-08-30

Guiyang, capital of Southwest China's Guizhou province, experienced a remarkable 12.6 percent year-on-year growth in its large-scale industrial added value from January to July.

This growth rate significantly outpaced the national average of 5.9 percent and the provincial average of 8.2 percent, placing Guiyang third among the top 10 provincial capitals in western China and second within the province.

Among the city's 35 major industrial sectors, 24 showed positive growth, with 14 sectors achieving double-digit increases. This robust industrial performance highlights Guiyang's strong economic momentum, driven by a combination of favorable policies, strategic investments, and the resilience of its industrial base.

The city's industrial sectors have been focusing on innovation, efficiency, and high-tech manufacturing, contributing to the impressive growth figures. Guiyang's performance underscores its role as a critical economic engine in the region, setting a solid foundation for continued development in the coming months.

As Guiyang continues to build on this momentum, its industrial growth is expected to play a vital role in supporting regional and national economic objectives.

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