Guizhou's seven industrial sectors realize double-digit growth in H1

The Guizhou factory of COFCO Coca-Cola is officially put into operation. [Photo/Guiyang news network]

During the first half of this year, the added value of industries above designated size in Southwest China's Guizhou province increased by 12.1 percent year-on-year.

Of which, the added value of State-owned companies increased by 23.6 percent year-on-year, while that of joint-stock companies increased by 13.9 percent year-on-year.

The added value of foreign, Hong Kong, Macao and Taiwan-invested companies decreased by 6.5 percent year-on-year, and that of private companies decreased by 4.6 percent year-on-year.

In the first half of this year, 12 of 19 industrial sectors under key monitoring achieved growth, and seven sectors achieved double-digit growth.

The added value of wine, beverage and refined tea manufacturing increased by 45.9 percent year-on-year; computer, communication and other electronic equipment manufacturing increased by 30.4 percent year-on-year; and electrical machinery and equipment manufacturing increased by 28.0 percent year-on-year.

The added value of food manufacturing increased by 15.5 percent year-on-year, the tobacco product industry increased by 12.3 percent year-on-year, the non-ferrous metal smelting and rolling processing industry increased by 11.8 year-on-year, and the coal mining and washing industry increased by 8.2 year-on-year.

During the same period, Guizhou produced 63,100 servers, an increase of 153 percent year-on-year; 1.43 billion sets of rolling bearings, an increase of 37.5 percent year-on-year; 1.15 million smart TVs, up 64.6 percent year-on-year; and 97,700 metric tons of dairy products, an increase of 23.2 year-on-year.

From January to May, Guizhou's industrial companies above designated size achieved 463.97 billion yuan ($68.78 billion) in business revenue, an increase of 19.9 percent year-on-year, while total profits were valued at 44.53 billion yuan, an increase of 71.9 percent year-on-year.