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Central & E. China see strong manufacturing growth


05-07-2016 05:36 BJT

China's regional economic data for the first quarter has been released. It comes ahead of CPI and PPI figures due next week.

Eastern China has seen a faster GDP growth rate compared with the same period last year. Nearly all provinces in central China realized an 8 percent growth rate.

And for southwestern provinces and regions such as Chongqing Municipality, the Tibetan Autonomous Region and Guizhou province, a rise of over 10 percent was achieved.

Southern Guangdong has been the province with the biggest economic achievements. Investment in its equipment manufacturing industry during the period witnessed a 40 percent increase.

Meanwhile for big industrial provinces like Jiangsu in eastern China, investment in technological transformation rose over 20 percent. This accounted for more than half of its total industrial investment.

While central and eastern China saw a strong increase in manufacturing, western parts of the country showed a steady growth in infrastructure investment. For example, out of the nearly 1,300 projects launched in southwestern Sichuan Province during the first three months of the year, projects related to infrastructure building accounted for about three quarters.

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