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Zhuhai economically competitive in this year in Guangdong

Updated: 2018-10-22 Print

The accumulative value-added amount of industrial enterprises above designated size in Zhuhai reached 67.68 billion yuan ($10.6 billion) from January to August with an increase of 13.3 percent, the fastest growth ever recorded within Guangdong Province.

Electronic information and household electric appliances, with the same industrial value-added of 12.9 billion yuan, made the most contribution to the enviable progress. Both industries recorded double-digit growth.

According to the Zhuhai Statistics Bureau, bio medicine showcased the fastest growth rate of 29.4 percent during the period enabling the completion of 3.54 billion yuan in value-added.

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High-tech products come out of Zhuhai laboratories. [Photo courtesy southcn.com]

Advanced manufacturing and high-tech manufacturing have continued to advance with greater role in the Zhuhai industrial economy. They achieved 37.032 billion yuan and 19.911 billion yuan in value-added amount respectively, based on year-on-year increases of 11.2 percent and 12.6 percent.

High- and new-tech industrial enterprises completed an added value of 389 billion yuan. This reflected a steady growth of 12.6 percent and accounted for 57.6 percent of the gross value-added amount of Zhuhai industrial enterprises above designated size.

In addition, Zhuhai continues to sustain a robust foreign trade growth against the severe and complicated international economic situation. Data show that from January to August, Zhuhai completed a total import and export volume of 222 billion yuan, a staggering year-on-year increase of 26.5 percent. This was particularly driven by the rapid import development which accounted to 94.6 billion yuan, up 35.8 percent. The products that led in export were mechanical and electrical products during the period with the value of 98.5 billion yuan, accounting for 18.7 percent of the total volume.


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