Yichang’s Industrial Economy Runs Stable during the First Three Quarters
2016-11-07 09:34:28
The total industrial output value from January to September, 2016, made by 1511 industrial enterprises, reached 442.97 billion RMB with year-on-year growth of 12.1%.
This year, amid the deepening in supply-side structural reform and under the impact of restructuring and stabilizing growth, Yichang’s industrial economy runs stable in general, which marked the leading role of growth in main indicators in Hubei Province and achieved initial success in “wiping out three points, reducing one point and making up one point” policy(less productivity, less inventory, more profits with less input, less costs, less flaws). The development momentum of its industry shows a profile of “making progress with stability and being better”, particularly represented by “keeping one point stable and increasing three points(steady economical development and increase of indicators in certain domains)”.
First, the steady growth of the production. From January to September , 1511 enterprises in Yichang have achieved 442.97 billion RMB in total industrial output value, a year-on-year increase of 12.1%, which maintained a more than 12% speed growth. The added value of Yichang industry achieved an increase of 10.2% compared with that of last year, 4.2% higher than the added value of industries of the whole nation, 2.2% higher than that of Hubei Province; 0.1% higher than that of Xiangyang, ranking the second of all cities(including states) of Hubei province. From the beginning of this year, 0.1% to 0.3% higher than the growth of Xiangyang, the added value of industries has been growing at a double-digit rate.
Second, the increase of the supporting indicators. The electricity consumption in industries mounted to 12.796 kwh, 1.99% higher than that in the same period of last year, the growing rate of which is 0.55% higher than that from January 2016 to August 2016, a successive increase for seven months. The revenue of industrial value added tax of the city reached 3.4 billion RMB, ranking the third of Hubei province, 16.5% higher than that in the same period of last year. The growth rate levels up 2.2% from January to August 2016 and this sound momentum has been maintained for four months.
Third, the enhancement of the quality and profits. From January to August, the primary business income reached 346.99 billion RMB, 25.48 billion RMB of interests and 11.27 billion RMB of tax, marking a year-on-year increase of 10.2%, 14.3% and 12.8% respectively. The aforementioned three indicators have been maintained double-digit growth rate since April, 2016. The industrial electricity efficiency has benefited a lot from the adjustment and optimization of industrial structure. From January to September, the electricity production per degree of industry amounted to 33.8 Yuan, 3.1Yuan higher than that in the same period of last year.
Last, the development of newly-developed kinetic energy industries. The output value of some strategic industries like advanced equipment, new materials and bio-pharmaceutical industries increased 17.2%, 17.5% and 15.6% respectively, the growing rate of 5.1%, 5.4% and 3.5% , higher than the average level of this city, an increase of 0.6%, 0.6% and 0.2% of the industrial growth respectively compared with the last year. The value of high technology manufacturing of Yichang amounted to 29.61 billion RMB, a year-on-year increase of 20.8, which surpass 8.7% of average level of Yichang, an increase of 0.5% of the gross industrial output compared with the same period of last year.