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Output Value of Industrial Enterprises above Designated Size up 9.9% to RMB845.24bn

The major indicators of industrial enterprises above designated size was said to have maintained a trend from stability to soundness from January to October this year, showing the characteristics of five accelerations and two stabilities.

The operating speed of industry was accelerated. By the end of late October, the output value of industrial enterprises above designated size amounted to RMB845.24 billion, up 9.9% year on year. The added value reached RMB216.13 billion, a year-on-year increase of 9.4%, ranking the fifth among the sub-provincial cities nationwide. The net increase in output value reached RMB75.9 billion, RMB16.9 billion more than that of last year.

The production of key enterprises was accelerated. The output value of the first 60 enterprises totaled RMB597.18 billion, up 7.3% year on year. The FAW witnessed a year-on-year increase of 8%. The amount of cars produced and sold increased by 9.1% and 11.4% respectively, or 4.8 percentage points and 7.3 percentage points higher than the national average level respectively.

The development of key industries was accelerated. The output value of the three traditional pillar industries including automobile, agricultural processing and equipment manufacturing reached RMB663.72 billion, a surge of 8.9% year on year. The amount made by automobile industry increased by 9.9% year on year to RMB486.69 billion, the amount by agricultural processing increased by 8.4% to RMB110.47 billion, and that by railway vehicle and equipment manufacturing went up by 2.8% year on year to RMB66.56 billion. The six strategic, emerging industries contributed RMB154.33 billion, up 13% year on year.

The growth pace of local industries was accelerated. The amount of output value generated by local industrial enterprises reached RMB469.9 billion, up 13.1% year on year, or accounting for 55.6% of the industry of Changchun City. The growth rate was seven percentage points higher than that of previous year. The growth momentum of industrial enterprises at county level was bullish, generating RMB181.12 billion output value, up 15.2% year on year.

The growth of pilot indicators was accelerated. The electricity used in Changchun City totaled 93.1kWh, up 5.3% year on year. The amount consumed by manufacturing industry increased by 5.7%. The amount of freight transported by highway increased by 10.4% year on year to 102.7 million tons, and that by railway amounted to 7.095 million tons, a surge of 105.8% year on year.

The production of big enterprises was moving towards stability. The growth rate of FAW Group and Yatai Group went up by 8% and 18.8% respectively from the drop of 5.8% and 26.3% at the beginning of this year. The growth rate of output value of power increased to 7.2% on a monthly basis from 2.4% at the beginning of this year.

The benefit of industrial economy was moving as a whole towards stability. The profits made by the industrial economy of the city totaled RMB56.19 billion, a surge of 4%, or up 13.3% year on year after the total profits made by FAW were deducted.

The old power was interactively supplementary to the new one was said to have resulted in the increase amid stability for the industry of Changchun City from January to October. Firstly, the predominance of the power of traditional industries was stable. The production of complete cars of FAW increased by 185,000 units which brought about a net increase in output value of RMB26.21 billion, a contribution of 3.4 percentage points to the growth of industry of Changchun City. Secondly, the driving force of new power was powerful. The six big strategic, emerging industries increased by 13%, generated a net increase in output value of RMB17.79 billion and brought about a contribution of 1.5 percentage points to the growth of industry of the whole city. The industries above designated size went up by 17.2% year on year, brought about a net increase in output value of RMB31.09 billion and contributed four percentage points to the industrial growth of the city.