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15 July 2015

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Hunan’s Industrial Economy Witnesses Sound Start

2017-02-04 Download Print

During the week-long Spring Festival holiday, there have been 868 industrial enterprises above designated size in Hunan Province doing overtime production, with an accumulative total of 14.4 million workers standing fast to their posts. According to preliminary estimates, eight of all the 14 cities and prefecture of the province would achieve a growth rate of 6.5% in January, four see slight growth, and two maintain the same level as same period last year. The industrial economy of Hunan witnessed a “good start”.

According to Hunan Economic and Information Technology Commission, since the beginning of the year, surveyed results of 96 enterprises among 114 representatives showed that companies in January will have some degrees of output increase, of which 44 are expected to receive new surges.

Key industries run smoothly. Automobile industry continued good momentum of growth since last year, whose major enterprises such as GAC Mitsubishi Motors, GAC FIAT, Changsha BYD, and BAIC Zhuzhou in January saw significant increase compared with the same period last year. Electronic information industry kept expanding, whose leading enterprises including Lens Technology and Hengyang Foxconn in January maintained rapid growth in output value. The food industry manifested a steady rise thanks to the expansion of holiday consumer demand and other factors.

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Translator: Yu Jiangjiang

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