Changchun city posts steady growth in industry

From January to October, the economy of Changchun -- capital city of Northeast China's Jilin province -- has been on the rise.

The total output value of industrial enterprises above a designated size -- those with annual revenue of 20 million yuan ($3.04 million) or more -- increased by 10.7 percent year-on-year during the period, 4.3 percentage points higher than the average for the province.

In the 10 months, Changchun's industrial added value increased by 10.8 percent year-on-year, ranking it first among the four sub-provincial cities in Northeast China and second among the 15 sub-provincial cities in China.

According to statistics, during the 13th Five-Year Plan period (2016-20), the total output value of the city's industrial enterprises above a designated size increased by 6.3 percent and their industrial added value increased by 8.5 percent.

In the face of the COVID-19 outbreak, as early as Feb 10 this year, Changchun established policies and measures to ensure epidemic prevention and control and see that its manufacturers returned to work and production.

In the first 10 days of March, Changchun was the first in China to achieve a 100 percent return to work and production of industrial enterprises above a designated size.

In recent years, Changchun has implemented 558 industrial projects with a total investment of more than 100 billion yuan and 145 key projects have achieved incremental output, with an added output value of 32.3 billion yuan.

During the current year, 409 industrial projects with an investment of more than 50 million yuan have been either launched or resumed.

From January to October, the city's industrial fixed assets investment changed from negative to positive, with a year-on-year increase of 1.6 percent, which was higher than the national industrial investment growth rate and it was expected to maintain a positive growth trend going forwards.

In addition, Changchun proposed a construction target of 2 million square meters of industrial manufacturing plants for 2020. In the year to date, work has begun on 22 factory projects.

Meanwhile, Changchun is expected to build 2.07 million sq m of standard plants by the end of the year, which would provide strong support for accelerating the settlement of a number of strategic emerging industrial projects and realizing the cluster development of industrial projects.