Adhering to the direction of “building a strong industrial city”, focusing on the four core tasks of stabilizing, adjusting, clustering, and digitizing the industrial sector, and vigorously advancing the implementation of the three “number one projects” of innovation, reform, and opening-up, the industrial economy of Lishui showed a “steady and positive, expectation-enhanced” development trend in the first three quarters of this year, growing by 6.8% year-on-year, 1.3 percentage points higher than the provincial average (5.5%).

In the first three quarters, Lishui’s industrial investment increased by 57.1% year-on-year, 14.5 percentage points higher than the previous month, 40 percentage points higher than the province, ranking first in the province. Among the 35 major industries in the city, 22 industries achieved positive growth, with an industry growth rate of 62.9%, and 13 industries achieved double-digit growth. Among them, the electrical machinery and equipment manufacturing industry, the waste resource comprehensive utilization industry, the metal products industry, the ferrous metal smelting and rolling processing industry, and the general equipment manufacturing industry grew by 30.5%, 16.9%, 14.8%, 14.1%, and 8.3%, respectively.

At the same time, in the first three quarters, the emerging industries such as strategic emerging industries, equipment manufacturing industry, and high-tech industry grew by 14.9%, 13.3%, and 9.3%, respectively, driving the growth of industrial added value above designated size by 3.2, 5.3, and 4.8 percentage points. The city’s five leading industries achieved a production value of 111.04 billion yuan, a year-on-year increase of 11.4%, 7.4 percentage points higher than the total production value above designated size, accounting for 66.1% of the total production value above designated size.

Among the 17 characteristic industrial chains, the third-generation semiconductor industrial chain in Lishui Economic Development Zone, the stainless steel pipe industrial chain in Songyang county, and the global special steel in Qingtian county, all achieved rapid growth, increasing by 87.6%, 15.8%, and 14.7%, respectively. If analyze by sector, among the 35 major industries in the city, 16 industries achieved positive growth in total profit, with a growth rate of 45.7%.

From the perspective of industrial electricity consumption and manufacturing PMI index, Lishui’s industrial economy will continue to “grow steadily under pressure”. From January to September, the city’s industrial electricity consumption increased by 8.8% year-on-year, compared with 2.8% in the first half of the year, an increase of 6.0 percentage points. In September, the industrial electricity consumption increased by 20.6% year-on-year, ranking first in the province. Lishui’s manufacturing PMI rebounded, and the city’s manufacturing PMI index in September was 49.0%,  increased by 0.6 percentage points from August.

“Since the beginning of this year, the industrial front of Lishui has focused on the main line of work of striving for the economy, stabilizing growth, and promoting development. In line with the goal of ‘winning the whole year’, in the fourth quarter, Lishui will also focus on stabilizing investment, fostering growth, improving services, and carrying out actions to stabilize growth.” The relevant official in charge of the Municipal Bureau of Industry and Information Technology analyzed that although the domestic and international macro situation is still complex and changeable, the industrial economy still faces considerable pressure to achieve better and faster development in the short term, but Lishui’s determination to develop ecological industry is unwavering, and the efforts to promote the strategic leading project of “Dual Attraction and Dual Retention”, gradient cultivation, and transformation and upgrading are not slackened. The overall industrial economy of Lishui will continue to show a “steady and positive, expectation-enhanced” trend.