Industrial Value-Added Output Rises 6.7% Year-on-Year for Large Enterprises

Deep News
Mar 18

From January to February this year, the value-added output of industrial enterprises above the designated size in the province increased by 6.7% compared to the same period last year. On March 17, the Sichuan Provincial Bureau of Statistics released key economic indicators for the first two months of the year, showing steady growth in industrial production.

Among 41 major industrial sectors, 32 recorded year-on-year growth in value-added output. Notable performers included electrical machinery and equipment manufacturing, which grew by 9.9%, ferrous metal smelting and rolling processing, up 8.8%, and computer, communication, and other electronic equipment manufacturing, which increased by 8.3%. Additionally, oil and natural gas extraction rose by 7.4%, while the manufacture of alcohol, beverages, and refined tea products grew by 6.4%.

In terms of major industrial products, natural gas output and electricity generation both increased by 3.2%. Lithium-ion battery production surged by 61.6%, tablet computer output grew by 30.5%, and industrial robot production rose by 22.4%. Smart TV output increased by 13.0%, smartwatch production grew by 11.7%, and automobile production expanded by 4.3%. The sales rate of industrial enterprises above the designated size reached 95.5% during the period.

Fixed asset investment, excluding rural households, rose by 2.6% year-on-year in the first two months. Investment in the secondary industry climbed by 11.8%, with industrial investment alone increasing by 11.7%.

In the consumer market, total retail sales of consumer goods reached 477.14 billion yuan, up 2.7% year-on-year. Sales of grains, oils, and food products by enterprises above the designated size grew by 19.9%, while tobacco and alcohol sales increased by 13.2%. Jewelry and precious metals sales rose by 22.4%, cultural and office supplies surged by 32.9%, and communication equipment sales increased by 16.5%.

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