Quanzhou maintains stable industrial economic growth

In the first three quarters of 2020, the industrial economy of Quanzhou, a city in East China's Fujian province, showed a positive development trend, according to Quanzhou municipal bureau of industry and information technology.

From January to September, the added value of the city's industries above a designated size increased by 1 percent year-on-year -- reporting an increase of 5.8 percent in September alone.

In the nine months, a total of nine counties, county-level cities and districts in the city achieved positive growth in industrial added value above a designated size.

Among the city's 37 major industrial categories, 21 industries achieved positive growth and seven industries achieved double-digit growth.

Also, during the period industrial electricity consumption in Quanzhou basically returned to normal levels.

In September, the city's industrial electricity consumption reached 3.12 billion kilowatt hours, an increase of 5.58 percent over the previous month, achieving positive monthly growth for five consecutive months.

Of the top 10 industries in the city's electricity consumption, nine industries reported positive growth in the first nine months.

Moving forwards, Quanzhou will continue to increase its industrial investment and give full play to its public service platforms to help small and medium-size enterprises in the city, promoting the high-quality development of the industrial economy and informatization.