From January to October 2021, the total value added of the industrial enterprises above the designated size in Changzhou grew by 15.3 percent year on year, ranking fourth in Jiangsu province and second in southern Jiangsu.
An industrial enterprise above designated size refers to one that has an annual operation revenue surpassing 20 million yuan ($3.09 million).
During the first ten months, the total output of Changzhou's industrial companies above the designated size reached 1.0672 trillion yuan, an increase of 26.5 percent over the same period last year.
Thirty-two of the 33 industry categories saw an increase during this period, of which machinery, metallurgy, electronics, and building materials grew by over 20 percent year on year.
Lithium-ion batteries, new energy vehicles, and industrial robots have seen robust growth as their output climbed by 166.3 percent, 145.9 percent, and 61.5 percent year on year, respectively.
From January to October, investment in fixed assets increased by 4.4 percent from a year earlier, of which industrial investment grew by 22.1 percent, ranking first in southern Jiangsu.
Investment growth in industrial, technological transformation has topped southern Jiangsu for six consecutive months, driving the city's industrial investment growth by 9.7 percent.
Investment in high-tech industries accounted for 50.4 percent of the city’s total industrial investment, of which investment in new energy, new materials, and electronics and communication equipment manufacturing jumped by 96.1 percent, 89.1 percent, and 40.4 percent year-on-year, respectively.
The total retail sales of consumer goods totaled 243.35 billion yuan during the first ten months, a year-on-year increase of 23.9 percent, of which the turnover of goods in retail trade done through public online trading platforms soared 102.1 percent from a year earlier.
From January to October, the general public budget revenue amounted to around 59,45 billion yuan, up 13.5 percent year-on-year, of which tax revenue reached 50.5 billion yuan or 84.9 percent of the total.
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