Quzhou sees steady growth in industrial economy in Q1
The output value of above-designated-size industrial enterprises in the Quzhou Economic and Technological Development Zone expanded 10.4 percent year-on-year in the first quarter of this year to 37.1 billion yuan ($5.35 billion), accounting for 56.6 percent of Quzhou's gross domestic product.
The zone's added value of above-designated-size industrial enterprises totaled 7.65 billion yuan, an increase of 15.5 percent.
The output value of the zone's six key industries, including new materials, new energy and life and health, reached 27.1 billion yuan, up 18.3 percent.
Das Solar Co Ltd, a new leading enterprise in the new energy industry, saw a year-on-year growth of 524 percent in output value during this period and experienced an explosive increase in orders.
In addition, the zone's investment in fixed assets grew by 44.6 percent, the highest in the city.
In the first quarter, the zone completed an investment of 2.8 billion yuan, a year-on-year increase of 53.1 percent.
A view of the Quzhou Economic and Technological Development Zone in Quzhou, East China's Zhejiang province. [Photo/qz123.com]