Huangshan's industrial sector maintains strong growth

Huangshan city posted has seen a significant increase in its industrial growth from January to October.

Its industrial value added for companies above a designated size – those with annual turnover of 20 million yuan ($2.8 million) or more – grew by 9.2 percent year-on-year, ranking it fifth in the province.

Fixed asset investment for the period rose by 7.3 percent year-on-year, achieving the fourth-best position in the province, as well as being the highest level in the past three years.

In particular, key industries – including auto parts, equipment manufacturing, electronics information, new materials, green food and biopharmaceuticals – reported 6.3 percent growth in industrial output value.

This contributed to a 5 percentage point gain in the city's total industrial output value.

In addition, key business enterprises also played a significant role. Its top 100 enterprises reported a 4.8 percent year-on-year increase in output value. They accounted for 49.8 percent of Huangshan's total industrial output value, helping to drive an overall 2.4 percentage point increase in the category.

In recent years, Huangshan has introduced a series of reforms – to support industrial progress through spatial expansion, stimulate market vitality through deepened reforms and to support business entities with the backing of policies.

An aerial view of the Nongfu Spring Huangshan factory in Huangshan. [Photo/Huangshan Daily]