Industrial production of Nanning steadily increases in first three quarters of 2024

In the first three quarters of the year, the added value of industrial enterprises above designated size in Nanning increased by 7.7% year on year, accelerating by 0.3 and 6.7 percentage points respectively compared to that of the first half of the year and the first quarter.

From the perspective of the three major categories, the added value of the manufacturing industry increased by 8.6%, the production and supply of electricity, heat, gas, and water increased by 1.5%, and the mining industry increased by 0.8%.

In terms of economic types, the added value of state-owned and state holding enterprises increased by 2.7% year on year; the added value of joint-stock enterprises increased by 8.6%, and the added value of foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 0.1 %.

From the perspective of key industries, the added value of the nonferrous metal smelting and rolling processing industry increased by 86.9% year on year, the added value of the electrical machinery and equipment manufacturing industry increased by 75.6%, the added value of the papermaking and paper products industry increased by 70.3%, the added value of the food manufacturing industry increased by 14.5%, the added value of the agricultural and sideline food processing industry increased by 7.7%, and the added value of the tobacco product industry increased by 1.8%.

In terms of product output, the production of machine-made paper and cardboard increased by 221.9% year on year, the production of automotive lithium ion power batteries increased by 55.6%, the production of aluminum increased by 53.0%, the production of chemical reagents increased by 39.4%, the production of finished sugar increased by 32.7%, the production of flat glass increased by 16.6%, the production of beverages increased by 13.5%, and the production of electronic components increased by 11.6%. From January to August, the total profit of industrial enterprises above the designated size in Nanning reached 7.81 billion yuan, an increase of 39.1% year on year.