Liaoyuan experiences rapid growth in industrial economy

Updated: February 10, 2022

The value of total industrial output generated by sectors above a designated size in Liaoyuan city, situated in Northeast China's Jilin province, reportedly surged in 2021.

The total industrial output value of the city's 111 industrial enterprises above a designated size – those with annual turnover of 20 million yuan ($3.1 million) or more – leaped 43.2 percent year-on-year, according to the city's statistics bureau.

From January to December, the output value of heavy industries above a designated size in the city increased by 54.6 percent year-on-year, contributing some 88.4 percent to the city's total industrial economy above a designated size, driving the city's industrial economy to grow by 38.2 percentage points.

During the period, the output value of light industry above a designated size in the city increased by 16.6 percent year-on-year, contributing 11.6 percent to the city's industrial economy and driving the city's industrial economy above a designated size to grow by 5 percentage points.

The manufacturing industry dominated industrial economic growth, with its output value in 2021 increasing by 49.9 percent year-on-year.

That accounted for 92 percent of the city's total industrial output value above a designated size and drove the city's industrial economy to grow by 43.8 percentage points.

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