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"Yuyao Acceleration" of local industrial economic development, realizing the increase speed of industrial added value of enterprises above designated scale in 2019 ranking No. 1 in Ningbo
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As is learnt from the Yuyao Statistics Bureau yesterday, in 2019, Yuyao adhered to the general tone of seeking progress while maintaining stability, and strived to build a high-quality development model area for the manufacturing industry. Industrial enterprises above designated scale in Yuyao achieved a cumulative added value of 38.266 billion yuan with a year-on-year increase of 10% and 3.6% higher than the average in Ningbo. The growth rate has been in the forefront of counties (sub-cities and districts) for several consecutive years, and the industrial economic development has realized "Yuyao Acceleration".

Key industries maintained steady growth. Facing the complex and severe international environment and the downward pressure of domestic economy, the production of key industries in Yuyao was generally stable. The top 10 industries achieved a total added value of 32.506 billion yuan, accounting for 84.9% of that of the industries above designated scale with a year-on-year growth of 11.5%. Among them, industries of instrument manufacturing, computer, communication and other electronic equipment manufacturing and non-metallic mineral products boasted a good growth momentum, realizing the added value of 6.247 billion yuan, 4.965 billion yuan and 1.074 billion yuan respectively, with increases of 45.7%, 36.9% and 13.1% year-on-year respectively, i.e., 6.7%, 27.6% and 2% higher than those of the previous year.

The new momentum continued to boast healthy development. Emerging industries continued to improve. Strategic emerging industries, high-tech and equipment manufacturing industries have achieved industrial added value of 20.322 billion yuan, 24.126 billion yuan and 26.608 billion yuan respectively, accounting for 53.1%, 63% and 69.5% respectively of those total of the industries above designated scale. The growth rate of the added value ranked the top in Ningbo. Intelligent manufacturing was promoted at full speed, with the added value of the core manufacturing industry of digital economy of 8.163 billion yuan and the industrial scale ranked the first in Ningbo, with a year-on-year growth of 16.9%, 4.2% higher than the average in Ningbo; the industrial cluster has been steadily optimized, and the development trend of the "246" Hundred-and-Thousand Billion Level Industrial Clusters is favorable, realizing an industrial added value of 29.755 billion yuan with a year-on-year growth of 13.2%, ranking the first against all other counties (sub-cities, districts) in Ningbo.

Large enterprises played a leading role. The industrial leading enterprises represented by "Sunny Group" had a growing momentum of development and became the core engine and leading force of industrial economic development in Yuyao. In 2019, Yuyao boasted 3 new large-scale industrial enterprises, all of which had achieved a total industrial added value of 10.089 billion yuan with a year-on-year increase of 36.3%, and an increase of 7.2% compared with that of the previous year, a contribution rate of 75.2% to that of the industries above designated scale, and an increase of 8.4% for the industrial added value. Under the influence of the implementation of the city's tax reduction and cost reduction policies and the promotion of foreign trade stability, SMEs' confidence in development was further enhanced, and the production situation was basically stable. The total industrial added value of SMEs in Yuyao was 28.177 billion yuan with an increase of 3.2% year on year.

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