Copyright 2023 - Ningbo Life / Ningbo Expat

Total industrial output above the designated size in 2021 exceeds ¥2 trillion for the first time

The total industrial output value above the designated size of Ningbo reached ¥2.21 trillion, up 21.8% year on year, breaking 2 trillion for the first time; the added value of the above-designated industry was ¥486.5 billion, a net increase of over 80 billion, up 11.9% over the previous year, a new high since the "13th Five-Year Plan"; the scale of industrial investment ranks first in the province, up 20.4% year on year.   

The high score of Ningbo Industry comes from the continuous promotion of new projects. Last year, the scale of industrial investment in our city ranked first in the province, and the growth rate was at the forefront of the province, and it has maintained double-digit growth for three consecutive years. There are 2,929 projects under construction in the city with a value of more than 5 million yuan, including 680 projects with a value of more than 100 million yuan.

The high performance also stems from the continuous acceleration of R&D innovation. The output value of new products in Nnigbo reached ¥757.44 billion last year, up 26.3% over the previous year.

It is also attributed to continuous increase in the strength of vacating the cage and changing the bird. Last year, Ningbo renovated 88 low-efficiency industrial plots and completed 37 of them. By accelerating rectification and upgrading, the number of D-grade enterprises with an average tax per mu of less than 10,000 yuan decreased by 1,328 compared with the previous year. At the same time, Ningbo had 14 new listed manufacturing companies, 18 new national-level manufacturing champions, and the total number reached 63, ranking No. 1 in the country. There were also 127 new national-level special "little giant", with a total of 182, ranking third in the country.

It also comes from the continuous optimization of the industrial ecology. Through a series of measures such as promoting differentiated land supply policies, implementing the Yongjiang River Talent Project, strengthening financial support, improving quality management, optimizing enterprise service mechanisms, and deepening cost reduction and burden reduction, Ningbo's industrial ecology has continued to optimize. Data show that in the first 11 months of last year, Ningbo reduced ¥35.57 billion for the enterprises. At the same time, Ningbo’s manufacturing medium and long-term loans increased by 64.5% year-on-year,  accounting for more than 24% of all loans.

In the new year, Ningbo will continue to strengthen a number of advantageous industries, expand a number of emerging industries, upgrade a number of traditional industries, deploy a number of future industries, expand a number of modern manufacturing service industries, and move towards a strong manufacturing city which leads in the world in the world as well as the country

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