Jilin city records robust H1 economic development

Updated: August 11, 2022

In the first half of 2022, the major economic indicators for Jilin city – located in Northeast China's Jilin province – showed rapid recovery. 

The growth rates for the added value of industries above a designated scale and fixed-asset investment were 8.9 and 6.4 percentage points higher, respectively, than the provincial target, according to a report in the Jilin Daily.

During the period, the city's pillar industries achieved robust growth. The petrochemicals, textiles and electronics industries achieved double-digit growth, while the output value of 34 small and medium-sized enterprises – classified as being "professional, sophisticated, distinctive and modern" above the provincial level – increased by 20 percent.

A total of 384 projects with a value of more than 50 million yuan ($7.4 million) each started or resumed construction. The rate of resumption of work was 95.8 percent, which was 9 percentage points higher than the same period last year.

The operating income of service enterprises above a designated size – those with annual sales of 20 million yuan or more – increased by 17.2 percent.

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