The Zhongshan Bureau of Statistics recently released a brief report on Zhongshan's economic situation from January to November, 2020.

Data showed that from January to November last year, Zhongshan's above-scale industrial added value totaled 104.584 billion yuan, an increase of 0.5% from the previous year. In November, the added value reached 11.637 billion yuan, an increase of 15.5% from the same period of the previous year and achieving double-digit growth for 3 consecutive months.

The added value of large enterprises increased by 1.9%, while medium-sized enterprises decreased by 1.9%, small enterprises increased by 0.8%, and micro enterprises increased by 4.8%.

The added value of the advanced manufacturing industry increased by 8% from the previous year, 2.3 percentage points higher than that from January to October, while the added value of the equipment manufacturing industry increased by 4.9% from the previous year, 1.5 percentage points higher than that from January to October.

Fixed asset investments in Zhongshan increased 24.0% year-on-year, maintaining a trend of rapid growth. Project investment (excluding real estate development) reached 56.794 billion yuan, an increase of 72.7% year-on-year. Specifically, investment in infrastructure, industry, technological transformation, and the manufacturing industry saw an increase of 85.3%, 52.9%, 39.8%, and 61.9% respectively, while investment in real estate development decreased by 9.8% from the previous year.

The total retail sales volume of consumer goods in Zhongshan was 127.634 billion yuan, decreasing by 13.6%. The general consumer price index rose 2.9%. The total volume of exports and imports totaled 197.7 billion yuan, a decrease of 9.8%. The balance of local and foreign currency deposits in financial institutions was 677.136 billion yuan, an increase of 10.3%.