Core Insights - The article highlights the economic growth and investment opportunities in Nanchong, with a total of 489 billion yuan in investment opportunities announced during the Zhejiang-Sichuan collaboration event [1] - Nanchong's GDP grew by 5.6% in the first quarter of 2025, outperforming the provincial growth rate of 5.5% [3] - The industrial sector in Nanchong showed remarkable performance, with a 10.7% increase in industrial added value for large-scale enterprises [5] Economic Growth - Nanchong's GDP reached 614.79 billion yuan in Q1 2025, marking a 5.6% year-on-year increase [3] - The city improved its ranking in economic growth, moving up six places compared to the previous year [3] Industrial Performance - The industrial added value for large-scale enterprises increased by 10.7%, with a product sales rate of 96.2% [5] - Significant growth was observed in various sectors, including: - Railway, shipbuilding, aerospace, and other transportation equipment manufacturing: 67% increase - Black metal smelting and rolling: 58.3% increase - Electrical machinery and equipment manufacturing: 45.8% increase - Specialized equipment manufacturing: 23.8% increase - Automobile manufacturing: 22% increase [5] Agricultural Production - Agricultural production showed steady growth, with: - Vegetable and edible fungus output up by 3.4% - Fruit output up by 7.3% - Tea output up by 3.7% - Live pig output at 1.4414 million heads, a 0.1% increase - Aquatic product output at 35,500 tons, a 4.9% increase [5] Service Sector - The tertiary sector's added value grew by 5.8%, with notable increases in: - Information transmission, software, and IT services: 11.4% increase - Leasing and business services: 13.7% increase - Wholesale and retail: 4% increase [6] Investment Trends - Fixed asset investment (excluding rural households) increased by 0.3%, with: - Primary industry investment up by 74.5% - Secondary industry investment up by 27.5% - Industrial investment up by 27% [6] - Real estate development investment decreased by 5.6%, with new housing construction area down by 16% [6] Consumer Market - The total retail sales of consumer goods reached 43.38 billion yuan, a 0.3% decline year-on-year [6] - Urban retail sales decreased by 0.4%, while rural retail sales saw a slight increase of 0.1% [6] - Notable growth in specific consumer goods categories included: - Communication equipment: 72.5% increase - Building and decoration materials: 23.4% increase - Furniture: 22.2% increase - Chinese and Western medicines: 20% increase [6]