Xifeng pioneers industrial growth in Jan-July in Guiyang

Workers operate a machine to load cargo. [Photo/xifeng.gov.cn]

From January to July this year, the industrial economy of Xifeng county in Guiyang, capital of Southwest China's Guizhou province, has demonstrated consistent and substantial growth in its industrial economy. Key indicators of industrial economic performance, including the added value of industrial enterprises above a designated size and industrial investment, have surpassed those of other areas of the city.

Currently, the county is home to 49 industrial enterprises above a designated size. From January to July, Xifeng achieved an industrial output value of 6.88 billion yuan ($967.19 million) from these enterprises, marking a growth rate of 43.13 percent. The added value of these enterprises reached 1.94 billion yuan, reflecting a growth rate of 83.5 percent, ranking first in the city. Industrial investment reached 1.95 billion yuan, accounting for 62.57 percent of fixed asset investment, with a growth rate of 24.6 percent, ranking second in the city.

Among these enterprises, Guiyang Kailin Fertilizer Co is a Xifeng-based company primarily involved in the manufacture of raw materials and chemical products. The company has been awarded several national, provincial, and municipal honors, including being among the top 100 companies in China's fertilizer manufacturing industry by sales revenue, top 100 companies in comprehensive benefits in China's petroleum and chemical industry, top 500 chemical enterprises in China, and top 100 enterprises in China's chemical analysis industry.

From January to July this year, Guiyang Kailin Fertilizer Co produced 517,900 metric tons of fertilizer products, reaching 56.15 percent of the annual plan. The company achieved an industrial output value of 2.82 billion yuan, with an added value of 603 million yuan and a growth rate of 41.28 percent, generating an operating income of 3.61 billion yuan, successfully meeting the group's set targets.

Located in the same industrial park, Guizhou Kailin Fine Phosphate Co, a downstream associated enterprise of Guiyang Kailin Fertilizer Co, produced 170,000 tons of products from January to July, with an output value of 1.60 billion yuan. The added value reached 629 million yuan, reflecting an astonishing growth rate of 9584 percent.