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Harbin’s industrial added value increases in first 11 months

Updated : 2020-12-29

By ( e.my399.com )

From January to November of this year, the added value of industries above designated size in Harbin city increased by 2.9 percent year-on-year, rising 2.1 percentage points from the cumulative added value in the previous 10 months.

The growth rate was 0.6 percentage points higher than the national average growth rate of 2.3 percent and 0.5 percentage points higher than the Heilongjiang provincial average growth rate of 2.4 percent.

It ranked first among 15 sub-provincial cities across the country, according to information from Harbin’s bureau of industry and information technology.

Also, the added value of industries above designated size in Harbin in November increased by 21.8 percent.

The city was positively impacted by the increase in orders due to the recovery of domestic market demand and the implementation of incentives and subsidy policies to encourage enterprises to expand production.

In the first 11 months of this year, Harbin’s four leading industries’ industrial added value increased by 1.5 percent year-on-year.

The petrochemical industry increased by 12.6 percent year-on-year. Meanwhile, the equipment manufacturing industry increased by 6.4 percent year-on-year, and the food manufacturing sector increased by 1.1 percent year-on-year.

Although the pharmaceutical manufacturing industry’s industrial added value fell year-on-year, it increased by 6 percentage points compared with the previous 10 months. Its output value ranked first among the four leading industries.

Among the 36 major industries in Harbin city, 19 sectors have achieved growth in industrial added value.

The industries that have increased significantly were: the automobile manufacturing industry, with year-on-year growth of 30.4 percent; the general equipment manufacturing industry, with year-on-year growth of 10.6 percent; the agricultural and sideline food processing industry, with a year-on-year increase of 10 percent; and the electricity and heat production and supply industry, with year-on-year growth of 8.3 percent.