Industrial investment in Southern Sichuan Economic Zone increases by 31.3% in first quarter
In the first quarter of this year, the Southern Sichuan Economic Zone in Sichuan province saw rapid economic growth and surging development in key industries. Enterprises have accelerated their investment and maintained a good momentum in terms of a steady recovery and continued improvements in business operations.
In the first quarter of this year, the planned industrial added value in the Southern Sichuan Economic Zone increased by 15.5 percent year-on-year, which was the same as that of the province. Industrial investment increased by 31.3 percent year-on-year, which was 7.5 percentage points higher than the provincial average.
The operating income of the area's five pillar industries increased by 27.2 percent year-on-year. The volume accounted for 20.1 percent of the province's total. Regulated industrial enterprises achieved a total profit of 27.4 billion yuan, a year-on-year increase of 33.3 percent, and their total profit accounted for 30.5 percent of the province.
South Sichuan Economic Zone plays a key role in the industrial development of Sichuan and is striving to make a long-term contribution to the economic and social development of the whole region by attracting major projects, boosting innovation and industrial restructuring, and enhancing the competitiveness of enterprises in the market.