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Jinpu leads Dalian's industrial economy

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chinadaily.com.cn| Updated: April 27, 2022

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[Photo by Piao Feng for chinadaily.com.cn]

Liaoning province issued a list of counties (including county-level cities and districts) with remarkable results in promoting industrial growth, and accelerating the development and maintaining the stability of the manufacturing industry. Jinpu New Area was on the list.

Jinpu reported a total industrial output value of 359.75 billion yuan ($56.2 billion) in 2021, an increase of 15.3 percent year-on-year, accounting for 45 percent of the total industrial output value of Dalian.

The growth rate of value-added industrial output above designated size reached 13 percent, and the annual industrial output value hit a record high.

The investment in industrial fixed assets hit 16.78 billion yuan, up by 23 percent from the same period of the previous year, accounting for 41.5 percent of the area’s fixed-asset investment and 40.6 percent of the city’s industrial fixed asset investment, a pace 28.9 percentage points faster than the city's.

In 2021, 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 287.1 billion yuan, accounting for 79.8 percent of the area’s gross industrial output.

At the same time, 390 foreign-funded enterprises above designated size achieved an output value of 193.83 billion yuan, accounting for 53.9 percent of the area’s gross industrial output.

The leading enterprises played a vital role in driving the economy. The  cumulative output value of the top 10 enterprises such as Intel, West Pacific Petrochemical, and Pfizer was 175.71 billion yuan, accounting for 48.8 percent of the area’s gross industrial output.