Home>Updates

Quzhou's industrial economy sees growth

chinadaily.com.cn| Updated :2022-07-19

The output value of industrial enterprises above designated size in Quzhou, East China's Zhejiang province, totaled 135.92 billion yuan ($20.13 billion) in the first half of this year, a year-on-year growth of 13.8 percent, according to the Quzhou statistical bureau.

The added value of industrial enterprises above designated size exceeded 28.27 billion yuan, up 6.6 percent year-on-year and the fourth highest in the province.

In the first half of this year, the city's accumulative output value of the non-ferrous metal smelting industry reached 9.47 billion yuan, an increase of 51.5 percent year-on-year.

The chemical industry achieved a cumulative output value of 26.87 billion yuan, up 42.5 percent year-on-year.

The computer communication and other electronic equipment manufacturing industry achieved a cumulative output value of 10.09 billion yuan, an increase of 52.3 percent year-on-year.

Meanwhile, the city's emerging industries are growing faster than traditional industries.

In the first half of this year, the added value of strategic emerging industries, high-tech industries, new materials industries and core manufacturing industries of the digital economy increased by 14.5 percent, 30.5 percent, 34.7 percent and 26.2 percent, respectively, while the added value of the 17 traditional manufacturing industries increased by 7.3 percent.

Quzhou Smart Manufacturing New Town, the city's main industrial platform, has become the main driver of the city's growth after the COVID-19 epidemic. The growth rates of its industrial output value and added value were 14.2 percent and 7 percent, respectively, ranking first and second in the city. The growth rate of Kaiyang county's industrial added value was 18.5 percent, the highest in the city.