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From January to July, Zhongshan steadfastly pushed for high-quality development, resulting in overall stable and favorable economic performance.

Industries above designated size achieved steady growth

In the first 7 months, the added value of industries above designated size in Zhongshan reached 83.990 billion yuan, a year-on-year increase of 3.9%. The manufacturing industry grew 3.7%, with electrical machinery and equipment manufacturing increasing 10.0%, and computers, communications and other electronic equipment manufacturing increasing 3.4%.

Industrial investment maintained high growth

The city experienced a 6.1% year-on-year decrease in fixed-asset investment. Industrial investment, on the other hand, saw a growth of 47.3%, accounting for 36.6% of the total fixed-asset investment. Investment in advanced manufacturing increased 64.7%, while investment in high-tech manufacturing rose 68.2%.

Consumer market continued to rebound

From January to July, the city's total retail sales of consumer goods stood at 97.479 billion yuan, up 4.2% year-on-year. Sales of household appliances and audiovisual equipment, jewelry and medicine experienced substantial growth, with increases of 127.0%, 32.9% and 22.9% respectively.

Price of commodities remained stable

In the first 7 months, Zhongshan's consumer price index (CPI) rose 0.6% year-on-year, while the producer price index (PPI) of industrial products fell 0.3% year-on-year. In July, the city's CPI and PPI dropped 0.1% and 0.7% year-on-year respectively.