Sichuan's Industrial Output Rises 6.0% in First Four Months, Lithium Battery Production Soars Over 40%

Deep News05-19 12:41

Data released by the provincial statistics bureau on May 19 shows that from January to April, the value added of industrial enterprises above designated size in Sichuan Province increased by 6.0% year-on-year, which is 0.4 percentage points higher than the national average.

Among 41 major industrial categories, 29 sectors recorded year-on-year growth in value added. Notable performers include the computer, communication, and other electronic equipment manufacturing industry, up 9.5%; electrical machinery and equipment manufacturing, up 8.1%; chemical raw materials and chemical products manufacturing, up 7.5%; petroleum and natural gas extraction, up 7.3%; and the production of alcohol, beverages, and refined tea, up 6.4%.

The cultivation of new quality productive forces accelerated, with high-tech manufacturing and green, low-carbon advantageous industries maintaining robust growth momentum. Output of related products grew rapidly: smart TV production rose 51.4% year-on-year, lithium-ion batteries increased 46.7%, industrial robots grew 28.8%, and liquid crystal displays advanced 12.7%.

Regarding fixed asset investment, from January to April, the province's fixed asset investment (excluding rural households) grew 0.3% year-on-year. By industry, industrial investment showed relatively strong growth. Investment in the primary industry fell 1.5% year-on-year; investment in the secondary industry rose 9.8%, within which industrial investment climbed 9.9%; investment in the tertiary industry declined 3.9%.

In the consumer market, total retail sales of consumer goods in the province reached 952.6 billion yuan during the first four months, a year-on-year increase of 2.6%. Among popular goods, retail sales of cultural and office supplies by enterprises above designated size rose 17.0% year-on-year, followed by grains, oils, and food products up 16.5%, tobacco and alcohol up 16.2%, communication equipment up 10.1%, and gold, silver, and jewelry up 9.2%.

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