Key economic data from the first three quarters of 2023 is revealed at a press conference. [Photo provided to gojilin.gov.cn]
Northeast China's Jilin province has witnessed remarkable economic development with its GDP increasing by 5.8 percent in the first three quarters of this year, surpassing the national average by 0.6 percentage points.
Major project construction and investment in the manufacturing industry have played a crucial role, acting as the cornerstone for high-quality economic growth.
During this period, Jilin implemented 2,535 projects with an investment of over 50 million yuan ($6.83 million) – 17 more projects than those put in place during the same period last year, showing a growth rate of 9.2 percent.
Additionally, there were 1,778 projects with an investment of over 100 million yuan, an increase of 28 projects from last year, with a growth rate of 9.3 percent.
There were 270 projects with an investment of over 1 billion yuan, compared to 249 last year, showing a growth rate of 17.6 percent.
Significant additions such as Audi's FAW New Energy Vehicle project, CNPC Jilin Petrochemical Co's upgrade, and Phase III of the Changchun Rail Transit project have been progressing as planned.