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Jiaxing's Industrial Growth Rate Ranks the Second in Zhejiang Province

Jiaxing's Industrial Growth Rate Ranks the Second in Zhejiang Province

Write: Sybil [2011-05-20]

Jiaxing's industry is developing at a relatively high speed.Yesterday, (March 20), the official of Jiaxing Municipal Economic and Trade Commission, told the reporter that Jiaxing's output value of enterprises above the designated scale reached 74.341 billion yuan, increasing by 31.7% over the same period in last year, ranking the second in Zhejiang Province.

Driven by both domestic and international demand, industrial enterprises in Jiaxing have been boosting at high speed since the beginning of this year.On February 22, Tong Kun Group's sale in a single day exceeded 11,221 tons, breaking a historical record.An administrator of Tongkun Group said that the recent surge in international crude oil and PTA futures prices stimulated the downstream business, together with strong market, which promoted higher output value.

According to reports, the first two months of this year, the production value of the first two months of this year was 3.666 billion yuan, a year-to-year increase by 37.77%.

This year, Jiaxing gives priority to the strategic restructuring of the industrial economy as a way to speed up the transformation of the main direction of economic development, by upgrading the competitive industries, cultivating strategic new industries, and promoting actively productive service industry, so to accelerate industrial integration.

For example, following the principles prescribed by central and provincial government, Jiaxing has achieved desirable results in the so-called "six new emering industries"--new energy, new materials, environmental protection, biological engineering, internet of things and nuclear power.