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15 July 2015

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Hunan's Industrial Economy Achieves a Good Start

2025-03-30 Download Print

Hunan's industrial economic performance achieved a good start between January and February this year. The provincial value-added industrial output increased 7.5% year on year while the growth rate was 1.6 percentage points higher than the national average. It has maintained the momentum of economic recovery since the fourth quarter of last year, according to a video conference on the province's first-quarter industrial economic performance and the scheduling of commercial and open economy held on March 26, 2025.

From the industrial perspective, 82.1% of the 32 major industrial sectors realized progress. The revenue growth rates of automobile manufacturing, metal products, food manufacturing, and other 15 industries surpassed 10%. The equipment manufacturing sector grew 14.6%, becoming the main driving force for industrial growth.

Regionally, the value-added industrial output of Huaihua, Xiangtan, Loudi, and Yiyang cities registered double-digit increase. Of which, Huaihua took the lead provincewide with a growth rate of 13.5%. Zhuzhou, Shaoyang, Yueyang, and other three cities all marked a growth rate of more than 8%, providing strong support for the province's industrial economy.

Hunan has launched comprehensive campaigns on serving grassroots communities, enterprises, and the public, aiming at solving their difficulties, major concerns, and focal points after this year's Spring Festival. It has taken such measures as paying visits, offering services, and strengthening dispatching to promote the accelerated resumption of production in key industries and regions. During the Spring Festival holiday, 16.6% of Hunan's industrial enterprises worked overtime to fulfill orders. On the first working day after the Spring Festival holiday, 64.2% of the enterprises have resumed operations, up 9.1 percentage points over the same period last year.

This article is from Hunan Provincial Government. www.enghunan.gov.cn.

Translator: Yu Jiangjiang

Chinese source: hunan.gov.cn