On March 20, reporters learned from the Anhui Provincial Bureau of Statistics that Anhui Province has intensified efforts to implement a package of existing and incremental policies this year. The province introduced "30 measures" to drive sustained economic recovery and growth, stabilizing expectations and boosting vitality. From January to February 2025, the provincial economy maintained a stable beginning, with the value-added of industries above the designated size growing by 9.1% year-on-year, 3.2 percentage points higher than the national average of 5.9%.

Industrial Production Grows Rapidly

Manufacturing led the way with an 11.7% increase. By ownership type, the added-value of state-owned and state-controlled enterprises grew by 3.5%, joint-stock enterprises rose by 8.8%. By sector, 31 out of 41 major industrial categories above the designated size saw year-on-year growth in added-value, with many achieving double-digit increases: automobile manufacturing surged by 35.9%, the electronic information industry rose by 19.6%, and electrical machinery and equipment manufacturing grew by 11.9%. Equipment manufacturing increased by 19.3%, while high-tech manufacturing advanced by 19.1%.

Fixed-Asset Investment Rebounds

From January to February, fixed-asset investment rose by 5.4% year-on-year. By sector, manufacturing investment grew by 7.8%, while infrastructure investment jumped 23%. By industry, primary industry investment increased by 18.8%, secondary industry investment rose by 10.1%, and tertiary industry investment edged up 1.7%. Private project investment climbed 11.1%, industrial technological upgrades grew by 10.6%, and high-tech industry investment expanded by 16.3%. Within high-tech sectors, manufacturing and services investments rose by 7.4% and 59.7%, respectively.

Steady Recovery in Market Sales

Retail sales of consumer goods above the designated size grew by 7.5% year-on-year. By location, urban retail sales rose 7.4%, while rural sales increased 10.9%. By category, goods retail sales grew 7.3%, and catering revenue rose 9.8%. Among the retail sales of goods from above-designated-size units, new energy vehicle retail sales surged 47.5%, home appliances and audio-video equipment sales rose 13.7%, communications equipment sales jumped 57.1%, and office and cultural goods sales increased 46.1%.

Rapid Growth in Foreign Trade

From January to February, total import-export value reached 141.53 billion yuan, up 14.8% year-on-year, accelerating by 7.4 percentage points compared to 2024. Exports totaled 96.1 billion yuan (+18%), and imports reached 45.43 billion yuan (+8.5%). Mechanical and electrical products dominated exports, rising 22.8% and accounting for 73.9% of total exports. Notable growth included automobiles (including chassis, +11.9%) and home appliances (+13.1%).

Source: Anhui Daily