FROM January to August this year, the added value of the city’s industrial enterprises above a designated size totaled 487.243 billion yuan (US$74 billion), an increase of 7.4 percent from the same period last year, according to the city’s statistics bureau, the Shenzhen Economic Daily reported yesterday.
Among them, the added value of joint-stock enterprises increased by 8.9 percent. Foreign-invested enterprises, including investment from China’s Hong Kong, Macao and Taiwan, increased by 4.4 percent. Communication equipment, computers and other electronic equipment manufacturing industries increased by 8.1 percent.
The development of high-end industry is faring well. The added value of the advanced and high-tech manufacturing industries were 337.663 billion yuan and 315.86 billion yuan respectively, with a growth rate of 9.8 percent and 9.3 percent, accounting for 69.3 percent and 64.7 percent of the total added value.
Investments in fixed assets increased by 32 percent. During the eight-month period, the city’s fixed asset investments reached 297.69 billion yuan, an increase of 32 percent. Among them, infrastructure investment reached 64.395 billion yuan, an increase of 38 percent. Investments in construction and installation projects was 177.272 billion yuan, an increase of 23.4 percent.
The growth rate of non-real estate development investment was 4 percent higher than that of fixed asset investments, accounting for 55.2 percent of fixed asset investments. Real estate development investment was at 133.248 billion yuan, an increase of 27.4 percent. Non-real estate development investment reached 164.442 billion yuan, an increase of 36 percent.
Industrial investment as well as industrial and technological innovation investment maintained high growth levels. Industrial investment was 50.915 billion yuan, an increase of 76.3 percent, in which industrial and technological innovation investment accounted for 24.022 billion yuan, an increase of 206.6 percent.
Investment in tertiary industry was 246.946 billion yuan, an increase of 25.6 percent. Private investment continued to account for more than half of fixed asset investments with a proportion of 52.3 percent, as it totaled 155.651 billion yuan, an increase of 35.1 percent. Commercial housing sales reached 3.826 million square meters, down 11.2 percent.
Total retail sales of consumer goods was 381.411 billion yuan, an increase of 9.2 percent and 1.2 percent higher than the same period last year, signifying a growth rate of over 9 percent for six consecutive months.
Imports and exports maintained positive growth. According to statistics from customs, the city’s imports and exports totaled 1.695748 trillion yuan, an increase of 5 percent. Total exports amounted to 1.019732 trillion yuan, an increase of 4.8 percent; while imports amounted to 676.015 billion yuan, an increase of 5.3 percent.
Fiscal revenue increased by 7.3 percent. During the eight months, the city’s general public budget revenue reached 237.827 billion yuan, calculated in accordance with the caliber, an increase of 7.3 percent.
Savings deposits in domestic and foreign currency increased by 6.9 percent. By the end of August, the city’s savings deposits and loans in domestic and foreign currency in all financial institutions totaled 6.795272 trillion yuan and 4.430239 trillion yuan respectively, an increase of 6.9 percent and 16.1 percent.
(Zhang Yu)
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