[Photo by Liu Zhaolong for chinadaily.com.cn]
Aiming at becoming the strongest district in the Northeast China and the country's first-class new area, the Jinpu New Area made great efforts in industry development, trade and investment, innovation, and opening up in 2021. Economic indicators showed that the area’s economy performed well last year, getting off to a good start in the Five-Year Plan (2021-25). The new area is playing an important role in Dalian’s three-year goal of expanding its GDP beyond 1 trillion yuan ($160 billion) by 2024.
In 2021, the Jinpu New Area achieved a regional GDP of 252.9 billion yuan, an increase of 9 percent year-on-year; fixed asset investment hit 40 billion yuan, an increase of 11 percent; the total output value of industries above designated size reached 357 billion yuan, an increase of 14.5 percent; the actual use of foreign investment was $1.142 billion; the total import and export volume of foreign trade reached 257 billion yuan, an increase of 4 percent year-on-year; the per capita disposable income of urban residents was 52,000 yuan, an increase of 7.3 percent; tax revenue hit 59.84 billion yuan, while its general public budget revenue reached 21.03 billion yuan.
[Photo by Liu Zhaolong for chinadaily.com.cn]
In 2021, Jinpu continued to promote industrial transformation and upgrading. The five leading industries of petrochemical engineering, equipment manufacturing, electronic information, whole vehicles and auto parts, and biomedicine have achieved a combined output value of 284.8 billion yuan, accounting for 79.8 percent of the area’s gross industrial output. The scale of the auto parts industry ranked second in the country.
The Jinpu New Area Finance Bureau issued Jinpu New Area’s First Loan Support Implementation Plan for Small and Medium-sized Enterprises (SMEs). The New Area granted 20 million yuan ($3.09 million) a year in initial loan discounts for SMEs and a first loan business subsidy of policy financing guarantee institutions.
[Photo by Liu Zhaolong for chinadaily.com.cn]
The modern service industry has been expanded and upgraded, and projects such as Xiaoyaowan Wanda Plaza, Jinshitan cultural tourism projects, and Wine Town have gone into operation. The Dalian Modern Agricultural Industry Center project also landed in the Jinpu New Area’s Puwan Economic Zone.
In terms of projects, the Jinpu New Area carried out a total of 3,308 investment promotion activities, ranking first in Dalian in terms of the number and scale of newly started projects. Liebherr, the Teld charging network and another 230 projects were put into operation with a total investment of about 56.5 billion yuan; 206 projects such as the Oriental Yuhong green building materials project signed contracts with a total investment of about 326 billion yuan. Another 581 key projects are under discussion.
Jinpu also contributed to scientific and technological innovation and invested 6.37 billion yuan in research and development. In the whole year, 270 new high-tech enterprises were established, and the annual turnover of technology contracts exceeded 8 billion yuan. Kede Numerical Control was listed on the Shanghai Stock Exchange. Jinpu piloted 66 national pioneering institutional innovations. The Dalian Free Trade Zone ranked third and was the Asia-Pacific winner in fDi Magazine's best free zones.
[Photo by Liu Zhaolong for chinadaily.com.cn]
The area has also achieved remarkable progress in its opening up, especially in terms of economic and trade cooperation with Japan. The actual use of foreign capital accounted for 46.6 percent of all the capital investment in the new area last year.
