Rapid industrial investment growth and structural adjustment have achieved initial results-Liaoning Provincial People’s Government

In the first two months, the added value of industries above designated size in our province increased by 3% year-on-year, exceeding the national average by 0.6 percentage points

Rapid Industrial Investment Growth and Structural Adjustment Bearing Initial Results

Release time: April 2, 2023 Source of information: Liaoning Daily

Recently, Dalian Sinovel Heavy Industry Group Co., Ltd. has received frequent good news. While being shortlisted for the list of “creating a world-class specialized and special new enterprise” issued by the State Council, its subsidiary Dalian Sinovel Marine Crankshaft Co., Ltd. has added a total of new orders in the first two months of this year. Volume achieved a year-on-year increase of 42%.

Like Dalian Heavy Industry, many industrial enterprises above the designated size in our province have also achieved a “good start”. According to statistics, in the first two months of this year, the added value of industrial enterprises above designated size in our province increased by 3% year-on-year, 0.6 percentage points higher than the national average.

From a regional perspective, the year-on-year growth rate of industrial added value above designated size in 13 cities in the province achieved positive growth. Among them, 8 cities including Huludao, Shenyang, Dandong, Chaoyang, Yingkou, Anshan, Jinzhou, and Dalian grew faster than the provincial average. From the perspective of key industries, the pillar industries have a significant driving effect, and the overall production situation is good. The industrial added value of the equipment manufacturing industry increased by 7% year-on-year, the petrochemical industry increased by 0.7% year-on-year, and the metallurgical industry increased by 4.2% year-on-year. From the perspective of industry categories, among the 40 major industries, the added value of 21 industries increased year-on-year, with a growth rate of 52.5%, which was the same as that of the whole country; the growth rate of the added value of 24 industries accelerated or the rate of decline narrowed compared with December of the previous year. Among them, 9 industries, including automobile manufacturing, special equipment manufacturing, and chemical raw materials and chemical products manufacturing, grew by more than 10% year-on-year.

From the perspective of leading enterprises, in the first two months of this year, the overall output value of the 700 key monitored enterprises in our province increased by 3.5% year-on-year. Among them, the output value growth rate of key enterprises in equipment, light industry and other industries was higher than the provincial average, and the petrochemical industry increased by 1.2% year-on-year; the output value growth rate of 203 key enterprises such as BMW Brilliance and Fujia Dahua exceeded 20%. According to the questionnaire survey, 62.4% of the enterprises’ output value increased or remained the same. Among the main industrial products, the output of 29 products increased, accounting for 42.6%; the output growth rate of 44 products accelerated or decreased compared with December of the previous year, accounting for 64.7%. Among them, automobile production increased by 56.2% year-on-year, which was 70.2 percentage points higher than that of the whole country.

Investment highlights the attraction and potential of a region. In the first two months of this year, our province’s accumulative industrial fixed asset investment increased by 19.3% year-on-year, 9.3 percentage points higher than the national average, and it has been positive growth for 26 consecutive months. Among them, investment in high-tech manufacturing accounted for 28.2%, a year-on-year increase of 128.3%. The added value of the manufacturing industry increased by 4% year-on-year.

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