Industrial production sees rapid growth
From January to July, Nanning’s value-added industrial output increased by 6.4% year on year.
Based on economic type, the output of state-controlled enterprises, and joint-equity enterprise went up respectively by 2.1% and 7.1% year on year, while foreign-funded and Hong Kong, Macao, and Taiwan-funded enterprises declined 0.7%.
Within key industries, the value-added industrial output of non-ferrous metal smelting and rolling, the paper and paper product industry, electrical machinery and equipment manufacturing, automotive manufacturing, and the processing of agricultural and sideline products rose 98.1%, 88.8%, 80.9%, 28.4% and 8.3% year on year, respectively.
In terms of product output, the output of aluminum, lithium-ion power batteries for automobiles, beverages, electronic components, and flat glass increased 50.6%, 43.9%, 19.5%, 13.4% and 12.7% year on year, respectively.