Harbin's counties post growth in their industrial economies
Updated : 2020-11-09
By ( e.my399.com )
The added value of industries above a designated size and investment in industrial assets in Harbin’s counties and county-level cities both continued positive growth during the nine-month period, according to information from Harbin’s industry and information bureau.
In the first nine months of this year, the total industrial investment in Harbin’s counties and county-level cities accounted for 40 percent of the total industrial investment volume in Harbin city.
The increase in county industrial investment was better than that in the city’s urban areas.
In particular, Fangzheng county experienced the biggest increase in the added value of industries above a designated size, while Bayan county had the largest increase in industrial fixed asset investment.
By the end of September, the growth rate of industrial output value of industries above a designated size in Harbin’s nine counties and county-level cities had reached 5.1 percent, which was 3.6 percentage points higher than the city's average growth rate.
The growth rate of industrial added value of industries above a designated size in these areas reached 2.1 percent, which was 2.5 percentage points higher than the city's average growth rate. Of these, Fangzheng, Tonghe, Yilan, Mulan and Binxian counties achieved positive growth.
Over the same period, the industrial investment in Harbin’s counties and county-level cities increased by 27.4 percent year-on-year.
The value of total investment completed in Harbin’s nine urban districts accounted for 58.4 percent of the city's total industrial investment, a year-on-year increase of 5.1 percent.
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