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Liuzhou’s gross industrial output value exceeds RMB 500 billion for first time
 
Date:2017-12-26 By:Shasha Liang Source:Liuzhou Daily

Liuzhou’s industrial economy makes a great breakthrough this year, and the gross industrial output is expected to exceed 500 billion yuan. This is the positive energy made possible by Liuzhou’s priority to develop, transform and upgrade its industry to a more advanced one, amid the complex and variable macro environment and the arduous task of carrying out reforms.

Chen Donglin, director of Liuzhou Commission of Industry and Information Technology, said that "Liuzhou’s industry counts on its strength to achieve this goal, so it lives up to the reputation". According to Chen, Liuzhou’s main leading indicators remain robust this year, indicating the stability of industrial economic growth, which is closely linked to the city’s keen sense of opportunity, as well as transformation and upgrading of industries.

From January to November of this year, the city’s industrial output of enterprises above designated size grew by 7.1%, up 2.8% from the same period of last year. In terms of industrial trends, the cumulative growth rate in the past four months has leveled out at 7%, lively demonstrating the practice of "curve overtaking" with great power.

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