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Tonglu posts stable growth in industrial growth in H1

chinadaily.com.cn |  Updated:2022-08-05

Tonglu county, East China's Zhejiang province recorded a stable growth in its industrial economy in the first half of this year.

The added value of industrial enterprises above designated size in the county registered a yearly uptick of 6.8 percent during the six-month period, official statistics show.

In June alone, the added value was 17.2 percent higher than the same period last year, with the growth rate being the highest in Hangzhou, which administers Tonglu.

The city's investments in the manufacturing sector surged by 26.4 percent that same month.

Strategic emerging industries have emerged as a pivotal engine fueling local economic growth.

Double-digit growth was seen in the added value of the emerging sectors - electrical machinery and equipment manufacturing, computer communication manufacturing and special equipment manufacturing, which registered a growth of 134.6 percent, 16.1 percent and 11.5 percent respectively in the first six months of this year.

These results can be mainly attributed to the local government's efforts in promoting local industrial chain integration, facilitating industrial upgrading and pushing ahead with the digital transformation in the manufacturing sector.


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