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Xifeng records industrial economic growth from Jan-Nov

english.guiyang.gov.cn|Updated: 2020-12-29

Xifeng county in Guiyang, Southwest China's Guizhou province, reported year-on-year growth of 10.8 percent in the added value of industries above designated scale during this year's January to November period, according to local media reports.

The figure was 5.3 percentage points higher than Guiyang city's average and 23 percentage points higher than the same period last year.

During the 11-month period, the key industries in Xifeng achieved a year-on-year increase of 14.6 percent in industrial added value.

The phosphorus coal chemical industry and the electricity generation and supply industry achieved positive growth. The growth rates were 14.6 percent and 21 percent, respectively.

Small and medium-sized industrial enterprises above designated size achieved year-on-year growth of 13.1 percent in added value, which drove the growth of the industrial economy above designated size by 7.94 percentage points.

The industrial added value of heavy industries above designated size increased by 13.9 percent year-on-year, and the growth rate was 3.1 percentage points higher than the county's average.

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