The manufacturing industry stabilized, the service industry grew, and Dongguan s economic recovery m

Mondo Finance Updated on 2024-01-29

The manufacturing industry is stabilizing.

In the first three quarters of 2023, Dongguan's manufacturing industry showed a firm recovery momentum.

Despite the overall decline, the food and beverage processing and manufacturing industry and the chemical manufacturing industry in the "five branches and four special" industries achieved growth of 0% and 2% respectively.

At the same time, the output of key high-tech products such as charging piles and integrated circuits also achieved growth of 6% and 0% respectively, showing Dongguan's efforts in high-tech industries.

The stabilizing trend of the manufacturing industry has provided strong support for the sustainable development of Dongguan's economy.

Dongguan's service sector also showed a significant growth trend, especially in the software and information technology services sector and the internet and related services, which achieved growth of 9% and 8% respectively.

This not only shows the driving force of digitalization and informatization, but also shows the continuous deepening and expansion of Dongguan in the field of service industry.

The growth of the service industry has provided a new impetus for the optimization of Dongguan's economic structure.

Investment in fixed assets and total retail sales of consumer goods increased by 1% and 7% respectively, indicating that the steady growth of the investment and consumer markets has provided solid support for economic recovery.

At the same time, Dongguan's agricultural production has also shown a good growth momentum, and the forestry output value has achieved an astonishing growth of 8%, showing the momentum of diversified economic development.

These data show that Dongguan's economic operation has shown a stable and upward trend, which provides a strong guarantee for the continuous development of Dongguan's economy.

By strengthening the foundation of the real economy, ensuring the implementation of policies and measures, and through efforts such as optimizing the industrial structure, strengthening scientific and technological innovation and upgrading the service industry, Dongguan is expected to continue to promote the high-quality development strategy and make greater contributions to the economic development of the region and the country.

The stabilization and upward growth of Dongguan's economy has brought development opportunities to enterprises and people, and also injected new impetus into the better realization of high-quality economic development.

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