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From January to April, Jiangsu reported a year-on-year increase of 8.8% in the added value of industries above designated size, which is 3.3 percentage points higher than the period from January to March, according to the province’s economic operation data released by the Jiangsu Provincial Bureau of Statistics on Thursday.

In the four-month period, Jiangsu reported a year-on-year increase of 9.1% in manufacturing value added, 20.3% in automotive manufacturing, 18.7% in electrical machinery and equipment manufacturing, and 11.3% in specialized equipment manufacturing.

Since this year, Jiangsu has accelerated the construction of major projects, and fixed assets investment in the province has continued to rise steadily. Statistics show that from January to April, Jiangsu recorded a 5.5% year-on-year increase in fixed assets investment.

Jiangsu recorded a year-on-year increase of 9.2% and 8.8% in investment in high-tech industries and infrastructure, respectively. The number of projects under construction with a single investment of over 1 billion yuan increased by 15% year-on-year, and the completed investment increased by 10.9% year-on-year.

From January to April, Jiangsu reported 1518.27 billion yuan in total retail sales of consumer goods, growing by 11.2% year-on-year, 3.4 percentage points higher from the January-March period.

In April, the province recorded a year-on-year increase of 71.3% in automobile retail sales, a significant increase of 60.4 percentage points compared with the previous month. The sales of new energy vehicles increased by 130% year-on-year, up 99.1 percentage points month on month.