The key enterprises in the province are operating smoothly in the January-October period with the growth rate of industrial profits posting overall rebound, latest industrial operation analysis of the Provincial Department of Industry and Information Technology shows.
From January to October, the added value of industrial enterprises above designated size increased by 5.4% and industrial use of industrial electricity increased by 3.8%.
In October, the province's key enterprises under the provincial monitoring scheme posted 0.2 percentage points less operating revenue from September.
From January to October, these key enterprises recorded 2.5 trillion yuan of accumulated prime operating revenue, a year-on-year increase of 10.0%.
From January to October, 61.6% of the enterprises reported prime operating revenue growth.
The key enterprises of strategic emerging industries registered 1.1 trillion yuan of prime operating revenue, a year-on-year increase of 9.7%.
The added value of the enterprises above designate size in southern Jiangsu and central Jiangsu posted a year-on-year growth of 6.7% and 6.1%, 1.3 and 0.7 percentage points higher than the provincial average.
The growth rates of Nanjing, Wuxi, Changzhou, Suzhou and Nantong, which account for more than 65% of the province's total, are higher than the provincial average.
The growth rate of industrial profits has generally rebounded. It is estimated that the profits of the above-scale industries in the province will increase by 7.5% year-on-year, and the profit growth rate will be 2.4 percentage points higher than the rate of 5.1% registered at the beginning of the year.
Seven of the 13 prefecture-level cities have registered higher profits than the provincial average with Yangzhou, Nantong, Changzhou, Huai'an and Wuxi maintaining double-digit growth.
Among the 32 industrial sectors that are prioritized in the monitoring, 10 traditional industries such as steel, nonferrous metals, engineering machinery, chemicals, and optical cables, as well as offshore equipment, robots, glass fiber and products, smart consumer equipment, and additive manufacturing industries, reported higher profit growth rates than the province's average.
Industrial investment has risen steadily. From January to October, the province's industrial investment increased by 6.6% year-on-year, 0.6 percentage points higher than the same period of last year and 0.6 percentage points higher than the national level.
The province's industrial technology reform investment increased by 10.5% year on year, 3.9 percentage points higher than industrial investment.
Investment in high-tech industries increased by 15.2% year-on-year, more than twice that of industrial investment, while investment in energy-intensive industries increased by 3.5% year-on-year and 3.1 percentage points lower than industrial investment, reflecting the optimization of industrial investment structure.
（source：ourjiangsu.com）
