From January to June, Yichang’s GDP reached 146,257 billion yuan, up 9.0%. The city’s economy maintains steady advance and advancing change, with nearly half of its major economic indicators achieved. The increase of the economy is higher than that of the national and provincial average, with the speed, quality and efficiency in the provincial leading level.
The whole city has built the strong confidence and pursued further development, conscientiously implemented the major decisions and deployments of the country and the province, adhered to the general policy of “ making progress while maintaining stability, pursuing reform and innovation ”, carried out the integrating development policies of stabilizing the growth, driving the reform, adjusting the structure and benefiting people’s livelihood to make further achievement in Yichang.
High Speed
Several indexes continue to be in the leading level throughout the whole province.
Listing in the Three New Board, deploying in Russia
Several pieces of good news have been issued by Angel Group --- the holding subsidiary of the group Yichang Hongyu Plastic Co., Ltd planned to launch restructuring and establish the joint stock company and applied for listing in the Three New Board. In addition, Angel Yeast Co., Ltd intended to establish finance leasing company in Shanghai Free Trade Area and subsidiary in Russia and establish the yeast project with the annual output of 20,000 tons.
Products made in Yichang targeted the global market and reached out to the world again.
Meanwhile, Yichang enterprises actively docked cross-border electronic platform such as Alibaba and Amazon, introduced “Superman” cross-border electronic commerce alliance and expedited the development of cross-border electronic commerce. Currently, more than 50 enterprises have joined the starter pack of Alibaba to develop the cross-border electronic business.
Driven by a large number of enterprises such as Angel Group, Yihua Group and Xingfa Group, Yichang’s export has showed rapid growth momentum. In the first half of this year, the city’s total foreign trade value reached 1240 million dollars, up 65.7% year on year. The total value and its increase both rank the second place in Hubei province.
According to the latest data, in the first half of this year, several economic indicators in Yichang continued to be in the leading level in Hubei province, large-scale industrial value-added increased by 10.7%, ranked second in Hubei province; the public budget revenue increased by 25.8%, 10.7 percentage higher than the provincial level; Yichang’s total fixed asset investment maintained the second in Hubei province, up 17.8% year on year.
As one of the “Three Carriages” which boosts economic growth, investment plays a critical role in the growth. By the end of June, Yichang has started 87 key projects among the 100 ones, accomplishing a total investment of 24.46 billion yuan and 58.7% of the year-end investment plan with 29 projects overfulfilling the annual investment plan.
“By the end of June, 162 projects have been under construction with a total investment of 134.7 billion yuan, an annual investment of 23.48 billion yuan, 8.6 billion yuan signed financing contract, about 233.7 hectare collective land and 89 thousand square meters illegal buildings dismantled.” Said by the official of Yichang New District Office of Promoting Construction, who introduced the first half of this year’s construction of the district in the 10th Leading Group Conference.
High quality
High-tech industries boost the transition.
An increase of 64%!
From January to June, CSG’s silicon material income reached 520 million yuan, up 64%.
Relying on technological innovation, CSG Group has achieved the mass production of the thinnest glass in its transformation and upgrading. In addition, in this April, it has effectively expanded the market, making the sales volume of CSG displays surged by leaps and bounds and constantly refreshed the record.
Driven by a large number of powerful enterprises such as CSG Group, Yichang’s high-tech enterprises enjoyed a rapid development and great achievement. It’s reported that 276 manufacturing enterprises of strategic emerging industry have achieved the output value of 47.08 billion yuan, up 10.3%. In the first half of this year, the added value of high-tech industries reached 24.51 billion yuan, up 13.5%.
The rational deployment boosts the high-tech industry and the high-tech industry prospers the city. These hard-won changes were from the innovation power given by the “golden” policy. In recent years, Yichang City has issued a series of policies to encourage innovation, such as Opinions on Promoting Scientific and Technological Innovation and Accelerating the Construction of National Innovation Pilot Cities, Opinions on Supporting Constructing the Scientific and Technological Business Incubators to vigorously push forward the pilot city construction of the national innovation.
While trying best to promote the “addition” of high-tech industry development, Yichang City also has made continuous efforts to promote energy “subtraction”. According to Yichang Municipal Development and Reform Commission, the per unit output of scale industry energy consumption in the first half of the year decreased by 13% and the proportion of high energy-consuming industry output fell by 1 percentage point, making the discharge of major pollutants under effective control.
In the first half of this year, good air quality day in the central city of Yichang has reached 97 days, an increase of 40 days. As to the reason of this historic change, transformation development, and energy saving and consumption reducing have made great contributions.
Good returns- Income of enterprises and residents have increased synchronously
Improving quality needs increase efficiency.
Though policies adjusted frequently and market environment fluctuated constantly, Yichang Humanwell Pharmaceutical has found the key to success—diversifying its development path and marching the international market even though its "major product" of narcotic drug maintains the good trend. Since the first operation of OSD workshop on April 10th, it has continuously received big orders from Europe, driving the enterprise toward the sales target of RMB 10 billion.
Moreover, this pharmaceutical company chose Mali of West Africa as the advance guard, gradually extended its business to the whole Africa and finally built China\'s first pharmaceutical company in Africa. Presently, Humanwell Pharmaceutical not only registered and sold its bulk drug in the European Union, India and the United States, but also exported its preparation products to the South America, Southeast Asia, Central Asia, Africa and other international markets. Adhered to the general guideline of “making progress while ensuring stability, promoting reform and accelerating innovation”, Yichang City pursued to maximize the economic development in the tide of market economy. Owing to the guideline, Humanwell Pharmaceutical made such a great achievement and its achievement was also a microcosm of the development of Yichang.
According to the Development and Reform Commission of Yichang Municipal, reporters learned that from January to May this year, the total profit of the city\'s scale industrial enterprises reached RMB 11.94 billion. In addition, the growth of the city’s industrial enterprise profits was about the same as that of the value-added of industry, deducting the loss amounts of the enterprises running under deficit, the increase amounts of the enterprises making up deficits and increasing profits and the profit amounts of enterprises like Qingjiang Hydroelectric and Yangtze Power.
The responsible officer of the Municipal Development and Reform Commission told reporters that the "billions of industries", represented by industries like food biological pharmaceutical, fine chemical, advanced equipment manufacturing and new material, had developed dramatically as a whole and reached the output value of RMB 71.99 billion, RMB 68.52 billion, RMB 30.93 billion and RMB 25.55 billion respectively, with an increase of 17.2%, 11.8%, 11.1% and 9.1%.
Agriculture, the foundation of the national economy, has remained steady as the industry went for the better. Zhu Demin, a pig keeper living in Wufeng, has caught the market trend timely. Though the price of a pig in the March of this year was as low as six yuan per kilogram, it began to turnaround subsequently and rose by 18.5% compared with the last July. As a result, he managed to gain more than 200 yuan of net margin for one pig.
Except the harvest in pig farming, the city\'s summer grain crops, oil crops, pork, aquatic products, vegetables and asparagus lettuce have also yield abundantly in this summer, with the output increases of 0.14%, 1.17%, 2.8%, 9.1%, 8% and 7.6% respectively. In addition, the number of scale agricultural products processing enterprises has reached 471, with an increase of 30 new enterprises and a growth rate of 6.9%.
In the first half of this year, the per capita disposable income of the city’s urban and rural residents has increased by 8.9% and 11.3% respectively.
According to the Yichang Investigation Team of National Statistical Bureau, reporters learned that local characteristic agriculture had been the main source of farmers’ household business income rapid growth. Besides, the continuous growth of rural migrant workers’ salary income and stable increase of property and transfer income were also important factors for farmers\' income growth.
Sustainable ability--
Getting into the national development strategy with great vigor
Major projects support economic development
On July 15th, officials of Development and Reform Commission of Hubei Province came to Yichang to inspect the major policies, great engineering and key projects.
Yichang picked out 20 major events needing national or provincial supports, for example the Three Gorges City Group, the Three Gorges Comprehensive Transportation System and the expressways. The responsible officer of the Provincial Development and Reform Commission declared that they would investigate one by one and support the major ones.
Now Yichang has seized the opening up and the development of the Yangtze River Economic Belt, the Construction of the Middle Reaches of the Yangtze River City Group, the Three Gorges City Group Construction and other important strategic opportunities, getting into the national development strategy vigorously.
The Comprehensive Transportation System over the Three Gorges Dam had upgraded to a national strategy, Wujiagang Yangtze River Bridge Project had been defined and approved by the National Development and Reform Commission, and Yichang-Jingmen-Xiangyang high-speed rail, Yichang-Xingshan high-speed rail which would link Zhengzhou-Wanzhou high-speed rail, Xi\'an-Yichang-Changsha high-speed rail..., a series of key projects was making mighty strives to be absorbed into the national plan.
At the same time, Yichang has furthered the cooperation with the Three Gorges Group, the Gezhouba Group, Wuhan Iron and Steel Group, China Construction Third Engineering Bureau Group and other large groups and enterprises, planning to launch key projects that can drive the development of the whole Yichang.
Yichang attaches importance to the future, but it emphasizes more on the reality. In 2015, Yichang City has deployed almost 100 key projects--40 advanced manufacturing projects, 29 modern service industry projects, 20 infrastructure projects and 5 agriculture, forestry, water conservancy projects and ecological projects. What’s more, though the annual planned investment was RMB 41.699 billion, Yichang actually invested RMB 208.998 billion.
The responsible officer of the Municipal Development and Reform Commission told reporters, catalyzed by these "green projects", the rapid developing city would became more environmentally friendly.
Advanced manufacturing projects, eco-environment projects and agriculture, forestry and water conservancy projects have led the whole industries of Yichang, and become the characteristic of the key projects construction of Yichang City. In the first half of this year, the actual completed investment of the city\'s advanced manufacturing industry was RMB 7.64 billion , fulfilling 73.8% of the investment plan; the actual completed investment of eco-environment projects and agriculture, forestry and water conservancy projects was RMB 1.64 billion, fulfilling 115.8% of the investment plan.
In all, intensive projects construction equips Yichang with great power. (Reporters Liu Zirong and Lei Pengcheng)