Gyeonggi Institute of Economy and Science Publishes Manufacturing Industry Statistics Report by City and County

[Asia Economy (Suwon) = Reporter Lee Young-gyu] The Gyeonggi-do Economic Science Promotion Agency has published a statistical report on the manufacturing industry by city and county within Gyeonggi-do.

This report was prepared to provide basic data necessary for decision-making on support policies for manufacturing companies in the province and for policy research, including ▲Key indicators of Gyeonggi-do ▲Status of manufacturing industries by the five major regions of Gyeonggi-do ▲Status of manufacturing industries in 31 cities and counties of Gyeonggi-do.

According to the report, as of 2018, the West Coast region, including seven cities and counties such as Ansan, Bucheon, Gwangmyeong, Siheung, Hwaseong, Osan, and Pyeongtaek, accounted for 11,411 business establishments, representing 46.2% of the province. Additionally, the added value amounted to 121 trillion won, accounting for 61.5% of Gyeonggi-do. The Gyeongbu region and Gyeongui region were estimated to have 4,519 and 3,909 establishments, respectively.

The report also introduces key industries by region within the province and industries that recorded high growth rates.

In the West Coast region, the main industry is automobiles (82.5%), and the industry with the highest average annual growth rate is petroleum refining (8.0%).

In the Gyeongbu region, medical and precision industries (38.2%) and pharmaceuticals (6.4%) dominate, while in the Gyeongui region, printing and recorded media (57.0%) and pharmaceuticals (12.7%) hold the largest shares.

Jung Eui-jeong, Senior Researcher at the Policy Research Office of the Gyeonggi Economic Science Promotion Agency, stated, "Since the distribution of manufacturing industries by region and city/county in Gyeonggi-do is diverse and distinctive, we will do our best to provide research and data necessary for establishing policies to strengthen regional industrial competitiveness." He also advised, "As the distribution of manufacturing industries is concentrated in some cities and counties, policy interest is needed for cities and counties where the manufacturing industry accounts for less than 1%."

The Gyeonggi Economic Science Promotion Agency publishes reports that provide in-depth analysis of major statistics and issues in the fields of science, technology, and small and medium-sized enterprises. The relevant statistical reports can be found on the Gyeonggi Economic Science Promotion Agency website (www.gbsa.or.kr) under the 'Policy Reports' board.

This content was produced with the assistance of AI translation services.