The Added Value Of Shenzhen Textile Industry Accelerates

According to the Shenzhen Bureau of industry and information technology, from January to July this year, the growth rate of added value of industries above Designated Size in Shenzhen increased by 1.8% compared with the first half of the year, and increased by 11.5% in July. In the first half of the year, profits of Industrial Enterprises above Designated Size in Shenzhen increased by 22.2%.

According to the relevant person in charge of Shenzhen Municipal Bureau of industry and information technology, the added value of industries above Designated Size in Shenzhen has maintained a double-digit growth rate for three consecutive months, and the industrial economy has achieved "four positive turns": first, the industrial growth rate has turned from negative to positive; from January to July, the added value of Shenzhen's industries above designated size has increased by 0.2%; the second is that the growth rate of manufacturing industry has changed from negative to positive. From January to July, the added value of manufacturing industry has increased by 0.6%, with a relatively higher growth rate From January to July, the added value of electric power, heat, gas and water production and supply industry increased by 0.6%, 0.9% compared with the first half of the year; fourth, the growth rate of domestic industrial output value changed from negative to positive. From January to July, the domestic output value of industries above Designated Size in Shenzhen increased by 1%, and the growth rate increased by 3.2% compared with the first half of the year.

Over the same period, among the 36 industry segments in Shenzhen, the growth rate of 31 industries improved compared with the first half of the year. Among them, from January to July, the value-added of epidemic related industries accelerated growth, textile industry, special equipment manufacturing industry (including medical devices) and pharmaceutical manufacturing industry increased by 374.8%, 7.7% and 2.8% respectively, and the growth rates increased by 58.7%, 2.1% and 7% respectively compared with the first half of the year; the decline of added value of automobile manufacturing industry was significantly narrowed by 6.7% compared with the first half of the year, and the decline rate of the value-added of automobile manufacturing industry increased by 70.2% in July.