May 6, 2025
From January to May, the added value of large-scale industrial enterprises in Wuxi increased by 0.3 percent year-on-year, becoming positive for the first time this year, the Wuxi Industry and Information Technology Bureau announced on June 21.
The machinery industry was the major industrial growth engine in May, rising 7.8 percent year-on-year. The output of the electronic vehicle industry increased by more than 30 percent, being only mildly affected by the novel coronavirus pneumonia, the bureau added.
Chen Kaiya, director of the board office of Sunra Electronic Vehicle Co, said their production lines are fully operational with ample orders.
The auto parts industry is recovering quickly thanks to national automobile consumption stimulus measures, according to Wei Ren, manager of Wuxi Wanhua Machinery Co. The company's output value is expected to increase by 20 percent this year, Wei said.
For companies still experiencing difficulties with turnover and meeting payment deadlines, the government has provided targeted measures and green channels.
Although industries are showing signs of recovery, the textile industry, which greatly relied on exports, is still struggling, according to the Wuxi Industry and Information Technology Bureau.
