Wire flash
Suzhou's industrial output up 7.1% in Jan-Aug, electronics sector tops 1 trillion yuan
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
According to data released by the Suzhou Bureau of Statistics on September 28, the city's industrial output above designated size reached 3.35178 trillion yuan in the first eight months of 2024, a year-on-year increase of 7.1%. The added value of industries above designated size grew by 9.2%. Key industries drove the growth: the electronic information industry exceeded 1 trillion yuan in output, reaching 1.00097 trillion yuan, up 9.9%, contributing 40.9% to the total growth. The equipment manufacturing industry posted output of 1.13319 trillion yuan, up 8.7%. High-tech manufacturing output grew 11.5%, contributing 60.0% to the total growth. Output of national-level specialized and new 'little giant' enterprises above designated size rose 11.8%, 4.7 percentage points higher than the overall industrial output growth. From January to July, total profits of industrial enterprises above designated size increased by 13.5% year-on-year.
Source report
September 28 – According to data released by the Suzhou Bureau of Statistics, the city's total industrial output value above designated size reached 3,351.78 billion yuan in the first eight months of the year, representing a year-on-year increase of 7.1%.
The added value of industries above designated size grew by 9.2% during the same period.
Key Industry Highlights
- Electronics and information industry exceeded one trillion yuan in output, reaching 1,000.97 billion yuan, up 9.9% year-on-year. This sector contributed 40.9% to the overall growth of industrial output above designated size.
- Equipment manufacturing recorded output of 1,133.19 billion yuan, an increase of 8.7%.
- High-tech manufacturing output rose by 11.5%, contributing 60.0% to the total growth of industrial output above designated size.
- National-level specialized and new "Little Giant" enterprises (above designated size) saw output grow by 11.8%, outpacing the overall industrial output growth rate by 4.7 percentage points.
Profit Performance
For the January–July period, total profits of industrial enterprises above designated size increased by 13.5% year-on-year.
Source
财联社Eastern