Since the beginning of this year, Zhongshan has introduced supportive policies such as the "20 Measures to Stabilize Enterprises and Businesses" to help enterprises get through the difficult period caused by the COVID-19 pandemic.

Data shows that Zhongshan invested about 80 billion yuan on fixed-assets in the first 3 quarters, increasing total investment by 24.4% and the growth rate remained first in Guangdong. Industrial investment over the first three quarters was about 14.4 billion yuan, increasing 59.1% over the same period last year.

Its important to note that in September this year, the added value of above-scale industry in Zhongshan was about 11.5 billion yuan, a yearly increase of 12.5%; the monthly total set a new high going back to 2018.

From January to September, the added value of above-scale industry in Zhongshan was over 82 billion yuan. Zhongshan's large-scale enterprises achieved more than 30 billion yuan in industrial added value, accounting for 37.6% of Zhongshan's total, and has become an important driver for the recovery of the industrial economy.

In terms of foreign trade, the export volume of home appliances was booming. The export volume of air conditioners (excluding vehicle air conditioners), for example, increased 21.1% to 7.4 billion yuan; the export volume of refrigerators exceeded 6 billion yuan, up 7.9%; the export volume of electric fans reached more than 5.5 billion yuan, an increase of 10.9%.

The construction of industrial projects in Zhongshan has been accelerated. As of October 16, a total of 149 projects have started construction, with a planned investment of 30.4 billion yuan. Over the first 3 quarters, investment in the skill-intensive equipment manufacturing industry reached 5.296 billion yuan, increasing 45% this year.

At the end of September, the balance of domestic and foreign currency loans of financial institutions in Zhongshan was over 560 billion yuan, an increase of 19.2%.