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Economy grows
October 21, 2011, Friday
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HANGZHOU'S industrial economy is growing steadily while the possibilities of slower growth and industry polarization remain, according to statistics released by the Hangzhou Economic and Information Commission on Tuesday.
Sales of large-scale corporations (including all state-owned companies and private companies with annual revenue of 5 million yuan/US$783,767 or above) reached 884.9 billion yuan in the first three quarters of this year, up 21 percent from the same period last year. From January to August, the sector contributed tax revenue of 79.9 billion yuan, 21 percent higher than the same period last year.
Sales in the new energy sector reached 11.35 billion yuan by the end of August, 35.3 percent higher than the same period last year. Internet of things sector had revenue of 24.75 billion yuan, a rise of 25.8 percent from the same period last year. Sales in the software and IT service industry reached 59 billion yuan, 38 percent higher compared to last year. Sales in the advanced equipment manufacturing industry reported a 19.2 percent year-on-year increase to 231.2 billion yuan.
The output of new products at large-scale industrial companies reached 195.1 billion yuan in the first three quarters. From January to August, the spending on research and development at large-scale companies increased 25.37 percent from the same period last year.
However, the increase of sales and tax revenue has slowed down compared to the same period last year.
Lighting up the sky
A fireworks festival will be held on the Qiantang River, downtown Hangzhou and on the Grand Canal on Sunday between 8pm and 8:40pm.
Organizers have finished refitting eight ships that will be used as platforms to launch the pyrotechnics. Fireworks will be set off between the No. 4 and No. 3 Qianjiang bridges. The No. 4 bridge will also be the location for a 1,200-meter-long "waterfall" fireworks display. Altogether, 70,000 fireworks will be set off that night.
Two ferry lines are being organized for visitors to enjoy the spectacular display. Setting off from Wulinmen Dock at 6pm, the trip will include tea and snacks. It will cost between 100 yuan and 260 yuan. For details and to make reservations, call (0571) 5607-9211 or 8519-0851.
Vehicles are not allowed in some streets from 1pm on Sunday, and local police advice people attending the fireworks festival to choose public transport.
Talent fair
More than 400 skilled professionals from abroad have been invited to attend the upcoming Third Zhejiang Hangzhou International Talent Fair on November 8 and 9. The fair aims to encourage returning overseas professionals with advanced technologies to help upgrade the local economy.
The organizer has arranged a series of activities for participants to meet employers and investors in Zhejiang Province through technology presentations, meetings and seminars. The organizer also invited representatives from more than 20 overseas Chinese associations. Local universities, government departments, development zones, venture capital institutions and enterprises will also attend the fair.
For more details call (0571) 8838-9576 or e-mail rsj.lxfw@hz.gov.cn.
Free HIV tests
Hangzhou residents can now get free HIV/AIDS tests that take only 40 minutes to complete, the health bureau announced yesterday.
The bureau has set up test centers in Jianggan, Xiacheng, Xihu and Shangcheng districts.
Authorities selected two public bath houses in Jianggan District, a known meeting place for homosexual men, to conduct a test run last November. Since then 87 people had undergone the tests and 10 tested positive.
With the quick testing technology, staff members can provide on-site counseling to those with AIDS immediately to avoid delays. The original test took seven days to complete.
Residents can apply for the free service with a valid ID card. The centers will maintain strict privacy for all test takers.
Successful expo
The curtain went down on the 2011 China Hangzhou Culture and Creative Industry Expo on Monday with surging trade volumes and visitor numbers.
During the expo, agreements worth 3.56 billion yuan were signed, a 46 percent jump over last year's expo.
The 1,280 exhibitors received more than 420,000 visitors, 156,000 of them professionals.
Exhibitors from 16 countries and regions joined the expo this year.
Sales of large-scale corporations (including all state-owned companies and private companies with annual revenue of 5 million yuan/US$783,767 or above) reached 884.9 billion yuan in the first three quarters of this year, up 21 percent from the same period last year. From January to August, the sector contributed tax revenue of 79.9 billion yuan, 21 percent higher than the same period last year.
Sales in the new energy sector reached 11.35 billion yuan by the end of August, 35.3 percent higher than the same period last year. Internet of things sector had revenue of 24.75 billion yuan, a rise of 25.8 percent from the same period last year. Sales in the software and IT service industry reached 59 billion yuan, 38 percent higher compared to last year. Sales in the advanced equipment manufacturing industry reported a 19.2 percent year-on-year increase to 231.2 billion yuan.
The output of new products at large-scale industrial companies reached 195.1 billion yuan in the first three quarters. From January to August, the spending on research and development at large-scale companies increased 25.37 percent from the same period last year.
However, the increase of sales and tax revenue has slowed down compared to the same period last year.
Lighting up the sky
A fireworks festival will be held on the Qiantang River, downtown Hangzhou and on the Grand Canal on Sunday between 8pm and 8:40pm.
Organizers have finished refitting eight ships that will be used as platforms to launch the pyrotechnics. Fireworks will be set off between the No. 4 and No. 3 Qianjiang bridges. The No. 4 bridge will also be the location for a 1,200-meter-long "waterfall" fireworks display. Altogether, 70,000 fireworks will be set off that night.
Two ferry lines are being organized for visitors to enjoy the spectacular display. Setting off from Wulinmen Dock at 6pm, the trip will include tea and snacks. It will cost between 100 yuan and 260 yuan. For details and to make reservations, call (0571) 5607-9211 or 8519-0851.
Vehicles are not allowed in some streets from 1pm on Sunday, and local police advice people attending the fireworks festival to choose public transport.
Talent fair
More than 400 skilled professionals from abroad have been invited to attend the upcoming Third Zhejiang Hangzhou International Talent Fair on November 8 and 9. The fair aims to encourage returning overseas professionals with advanced technologies to help upgrade the local economy.
The organizer has arranged a series of activities for participants to meet employers and investors in Zhejiang Province through technology presentations, meetings and seminars. The organizer also invited representatives from more than 20 overseas Chinese associations. Local universities, government departments, development zones, venture capital institutions and enterprises will also attend the fair.
For more details call (0571) 8838-9576 or e-mail rsj.lxfw@hz.gov.cn.
Free HIV tests
Hangzhou residents can now get free HIV/AIDS tests that take only 40 minutes to complete, the health bureau announced yesterday.
The bureau has set up test centers in Jianggan, Xiacheng, Xihu and Shangcheng districts.
Authorities selected two public bath houses in Jianggan District, a known meeting place for homosexual men, to conduct a test run last November. Since then 87 people had undergone the tests and 10 tested positive.
With the quick testing technology, staff members can provide on-site counseling to those with AIDS immediately to avoid delays. The original test took seven days to complete.
Residents can apply for the free service with a valid ID card. The centers will maintain strict privacy for all test takers.
Successful expo
The curtain went down on the 2011 China Hangzhou Culture and Creative Industry Expo on Monday with surging trade volumes and visitor numbers.
During the expo, agreements worth 3.56 billion yuan were signed, a 46 percent jump over last year's expo.
The 1,280 exhibitors received more than 420,000 visitors, 156,000 of them professionals.
Exhibitors from 16 countries and regions joined the expo this year.
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