Guiyang's industrial growth surges with 11% increase in Q1-3

From January to September, Guiyang, capital of Southwest China's Guizhou province, experienced a remarkable industrial boom, with the added value of above-scale industries growing by 11 percent year-on-year.

This growth rate significantly outpaces national (5.8 percent) and provincial averages (8.5 percent) by 5.2 and 2.5 percentage points, respectively, positioning Guiyang first among the 10 provincial capitals in West China and second in the province overall.

This robust performance can be attributed to the dynamism across various sectors, with 36 major industries exhibiting a mixed trend: 21 industries recorded growth, while 15 saw a decline. Notably, 13 industries achieved growth rates exceeding 10 percent, underscoring the resilience and potential of Guiyang's industrial landscape.

Key sectors driving this growth include high-tech manufacturing and clean energy, which have seen substantial investments and innovations. The government's initiatives to bolster industrial transformation and upgrade technology are also crucial.

As Guiyang continues to strengthen its industrial base, its economic outlook remains positive. This growth reflects Guiyang's strategic positioning within the broader context of China's economic expansion, paving the way for sustainable development and attracting further investments.