Zhangjiagang's economy has demonstrated robust and high-quality growth in the first 10 months, with several sectors contributing to coordinated expansion.
The total output value of industries above designated size reached 481.09 billion yuan ($68 billion), a 3 percent increase compared to the same period last year. Emerging industries like computer and communication led the growth, while traditional sectors like ferrous metal smelting remained stable.
Revenue from services above designated size increased by 9.6 percent compared to the previous year, driven by rapid growth in real estate, public services, the digital economy, and the productive services sector.
Total investment rose 2.1 percent to 44.13 billion yuan amid broader economic headwinds. Industrial investment grew 12 percent to 23.92 billion yuan, exceeding Suzhou's average by 3 percentage points. Manufacturing investment continued to improve, with computer, communication, and electronic equipment manufacturing increasing by 44.7 percent.
Imports and exports reached 231.08 billion yuan, with exports increasing by 9.3 percent. Trade with Belt and Road countries accounted for over 50 percent of the total volume and posted significant growth, reflecting better international market diversification.
Financial institutions' capacity to support the real economy grew stronger. Domestic and foreign currency deposits reached 6.35 trillion yuan by the end of October, an increase of 5.01 percent compared to the previous year.
An aerial view of Zhangjiagang. [Photo/WeChat account: zhangjiagangfabu365]