Harbin has maintained stable growth in the total output value of large-scale industrial enterprises in the first half of 2013, according to the Harbin industry and information committee.

The total accumulated industrial output value was 138.55 billion yuan ($22.584 billion), an increase of 11.1 percent year-on-year. The accumulated industrial added value reached 31.95 billion yuan, an increase of 9.5 percent. The two growth rates are both slightly higher than the provincial and national average.

Harbin’s leading industries achieved rapid growth in the first half-year. Four pillar industries - equipment building, food, petrochemicals and medicine - produced a total industrial output value of 114.62 billion yuan, marking an increase of 10.9 percent over 2012 and accounting for 82.7 percent of the whole large-scale industries sector in Heilongjiang. Among them, the food industry grew most rapidly with total industrial output value of 51.34 billion yuan, an increase of 15.5 percent.

Since January, Harbin has witnessed a continuous rise in industrial investment. It is home to 1,193 ongoing investment projects. Industrial fixed assets investment has reached 33.68 billion yuan, over-fulfilling the annual target of 20.3 percent. It increased 37.6 percent year-on-year and is 8.4 percent higher than the growth rate of total fixed assets investment of the city. Its contribution rate to the growth of the total fixed assets investment of the city is 44.3 percent. Among 200 key industrial projects in Harbin, 166 have started or restarted construction. The operating rate is 83 percent, higher than the target of 60 percent. A total of 87 of the 100 strategic emerging projects and 79 of 100 key technological transformation projects are in operation.

The non-public sector of the economy maintains steady growth. It is estimated that the added-value of the non-public sector is about 120 billion yuan, realizing an increase of 10.5 percent. The economy at the county-level is growing rapidly as well. Total county-level industrial output value was 38.35 billion yuan in the first half-year, an increase of 35.6 percent. The total output value of large-scale industrial enterprises at the county-level reached 7.78 billion yuan, increasing by 34.2 percent and accounting for 24.4 percent of the city of Harbin.

Harbin is trying to enlarge its economy in the second half of 2013. The government will pay attention to the development of key industries, closely supervise industries that have production value over 1 billion yuan, and give priority to key industries that experienced a decline last year, such as automobile manufacturing, dairy products, pharmaceuticals and refined oil products. It will also give priority to profitable emerging industries in fund distribution and related examination and approval.