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Ningbo industrial economic realized moderate but stable growth
Updated:2017-11-11 09:25:00

It is learned from Ningbo Municipal Commission of Economy and Information Technology that for the first three quarters of this year, Ningbo's industrial production has witnessed a stable upward trend, as a result of the supply-front structural reform of the industry. Statistics show that the industrial added value grows by 9.2% over the same period of last year, an increase of 0.6 percentage point compared with that of the first half of this year, higher by 1.3 percentage points and 2.1 percentage points over provincial and municipal targets respectively. Among others, the growth rate of September stood at 12.7%, hitting a historical high in terms of the monthly growth rate.
In the first three quarters, the large-scale enterprises in Ningbo achieved a total new product output value of 381.27 billion yuan, up by 18.2% over the same period of last year. The equipment manufacturing industry, the high-tech industry and the strategic emerging industry, the top three industries supported by the municipal government, grew by 13.9%, 11.3% and 15.2% respectively, higher than the average of the large-scale industrial enterprises.
To individual enterprises, the most important index for evaluating quality and benefit is the profitability. In the first eight months, the large-scale enterprises in Ningbo achieved a total tax revenue of 133.20 billion yuan, up by 22.0% over the same period of last year, with the profit volume of 79.29 billion yuan, up by 30.7%, the deficiency rate of 18.3%, a decrease of 2.3 percentage points over that of the first half of the year and 0.9 percentage point over the same period of last year, and the main operation profit rate of 7.9%, up by 0.5 percentage point.



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