The Zhejiang Provincial Bureau of Statistics announced Zhejiang's economic performance in July. In July, the value added of industries above scale increased by 7.4% year-on-year. Of the 37 major industrial industries, the value added of 27 industries increased by 73.0%. Among them, the value added of computer communication electronics, automobiles, general equipment, electricity, electrical machinery and other industries increased by 27.8%, 18.5%, 11.7%, 10.1%, and 7.8% respectively, which together drove the value added of industries above scale to increase by 6.7 percentage points. Emerging industries led growth. The value added of high-technology manufacturing above scale, manufacturing in core industries of the digital economy, and equipment manufacturing increased by 20.3%, 20.3%, and 14.0% respectively, driving the value added of industries above scale to increase by 3.4, 3.6, and 7.1 percentage points respectively. The value added of private industrial enterprises above scale increased by 7.6%, driving the value added of industries above scale to increase by 6.1 percentage points, and the growth contribution rate reached 77.6%. From January to July, the value added of large-scale industries increased by 7.9%.

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