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BackSichuan's GDP increased by 4.9% year-on-year in the first three quarters, and lithium-ion battery production increased by 94.7%
Sichuan's GDP increased by 4.9% year-on-year in the first three quarters, and lithium-ion battery production increased by 94.7%
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中国新闻网1 hour agoBusiness2 min readChinaView original

Sichuan's GDP increased by 4.9% year-on-year in the first three quarters, and lithium-ion battery production increased by 94.7%

The added value of high-tech manufacturing above designated size increased by 12.5% year-on-year, and the output of lithium-ion batteries increased by 94.7% year-on-year.

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  • The Sichuan Provincial Bureau of Statistics announced on the 20th that Sichuan’s GDP increased by 4.9% year-on-year in the first three quarters of 2026.
  • Among them, the primary industry increased by 3.7%, the secondary industry increased by 5.2%, and the tertiary industry increased by 4.8%.
  • New driving forces such as high-tech manufacturing and lithium-ion batteries performed well.

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Why It Matters

The Information Office of the Sichuan Provincial People's Government held a press conference to report on economic performance in the first three quarters.

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China News Service, Chengdu, October 20 (Yuan Mou Zhibo) At a press conference held by the Information Office of the Sichuan Provincial People's Government on the 20th, Yang Zhigang, spokesperson and deputy director of the Sichuan Provincial Bureau of Statistics, introduced that according to the unified accounting results of regional GDP, Sichuan's GDP increased by 4.9% year-on-year in the first three quarters of 2026. Among them, the added value of high-tech manufacturing above designated size increased by 12.5% ​​year-on-year, and the output of lithium-ion batteries increased by 94.7% year-on-year.

In terms of industries, the added value of Sichuan's primary industry in the first three quarters was 405.334 billion yuan, an increase of 3.7%; the added value of the secondary industry was 1,791.626 billion yuan, an increase of 5.2%; and the added value of the tertiary industry was 3,015.186 billion yuan, an increase of 4.8%.

Agricultural production is generally stable. The output of vegetables and edible fungi increased by 3.4% year-on-year, fruit output increased by 5.0%, and tea output increased by 4.5%; 46.3559 million pigs were slaughtered, an increase of 1.5%; poultry and egg output was 1.3089 million tons, an increase of 5.6%. Industrial production has accelerated steadily. The added value of the province's industrial enterprises above designated size has increased by 6.7% year-on-year. The product sales rate of industrial enterprises above designated size has been 95.6%. The service industry grew steadily, with the added value of the service industry increasing by 4.8% year-on-year.

The service industry grew steadily. In the first three quarters, the added value of the service industry increased by 4.8% year-on-year. Among them, the added value of the leasing and business services industry increased by 12.3%, the financial industry increased by 8.0%, the information transmission, software and information technology service industry increased by 7.7%, and the accommodation and catering industry increased by 7.1%.

Yang Zhigang said that overall, in the first three quarters, there have been more positive changes in Sichuan Province's main economic indicators, the pace of transformation and upgrading has accelerated, and development resilience has continued to increase. However, the external environment is still complex and severe, and the foundation for economic recovery still needs to be consolidated. The next step will be to coordinate and promote the systematic integration of various policies, build circles and strong links in key industries, accelerate the implementation of major projects, intensify efforts to expand domestic demand, optimize supply, step up the cultivation and expansion of new driving forces, and promote Sichuan Province's economic recovery to improve both quantity and quality.

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This article was originally published by 中国新闻网.

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