Hechi completes above-scale total industrial output value of $7b

According to the Hechi bureau of industry and information, from January to October this year, Hechi completed an above-scale total industrial output value of 44.92 billion yuan ($7.06 billion), a year-on-year increase of 22.1 percent. It is expected that the annual above-scale total industrial output value will surpass the 50-billion-yuan mark for the first time in history. 

In the face of difficulties and challenges such as the COVID-19 epidemic, Hechi has focused on advantageous industries this year, consolidated the advantages of traditional industries and accelerated the cultivation of new industries, paving the way for its industrial revitalization.

Moreover, the city has followed the idea of overall industrial chain development, boosted non-ferrous metal industry growth by 36.37 percent year on year, and witnessed a 48.05 percent year-on-year increase in the agriculture and forestry products processing industry as well as a 142.9 year-on-year increase in the big data electronic information industry.

On top of that, enterprise brands were further enlarged. Guangxi Nandan Southern Metals ranked 322nd on the list of the top 500 private enterprises in China in 2021. Six enterprises entered the cultivation list for small and medium-sized enterprises (SMEs) in Guangxi Zhuang autonomous region It is anticipated that 48 industrial enterprises above scale will be nurtured throughout the year.