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Harbin industry shows strong growth in added value

Updated : 2023-05-30

By ( e.my399.com )

The added value of industries above the designated size in Harbin, the capital city of China's northernmost Heilongjiang province, increased by 5.1 percent year-on-year from January to April, which is 1.2 and 1.5 percentage points higher than the growth rates of the entire province and the country, respectively.
 
Of the total value added, the manufacturing industry accounted for 81.6 percent, with a year-on-year growth of 6.1 percent, which was 1.0 percentage points higher than the growth rate of the city's industrial-added value.
 
The production and supply of electricity, heat, gas, and water accounted for 17.5 percent, with a year-on-year growth of 0.8 percent.
 
Out of the 38 industrial sectors in the city, 26 achieved positive growth in added value. Leading industries include rail transportation equipment, shipbuilding, aerospace, and other manufacturing equipment, which grew by 34.0 percent. Pharmaceuticals grew by 25.7 percent, while general equipment and food manufacturing grew by 25.9 percent and 8.3 percent, respectively.
 
During that timeframe, the city's industrial added value can be primarily attributed to its four main traditional industries, namely equipment, food, petrochemical, and pharmaceuticals. Together, these industries accounted for a significant 74.1 percent of the overall industrial added value. Impressively, these industries also recorded a year-on-year growth of 7.2 percent, which stood 2.1 percentage points higher than the city's overall industrial-added value growth rate.
 
The food, equipment, and pharmaceutical industries achieved a 6.4 percent, 10.1 percent, and 25.7 percent growth in added value, respectively.
 
Additionally, the proportion of added value driven by high-tech industries accounted for 11.9 percent of the city's industrial added value, with a year-on-year growth rate of 23.7 percent, contributing 47.0 percent to the city's industrial added value growth.