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Industrial output rises amid economic restructuring

THE total added value in Jiading District rose 11.8 percent last year to 80.6 billion yuan (US$12 billion), while fiscal revenue reached 26.76 billion yuan, up 15.2 percent year on year, according to Jiading government.

Industrial output of all state-owned companies and private companies with annual sales over 5 million yuan in Jiading District surged 25.3 percent last year to 225 billion yuan, making profit of 15.3 billion yuan,

Service industry accounted for 34.5 percent of the district's three industries (agriculture, industry and service) in terms of revenue, increasing by 1.7 percentage points compared with the year before.

More than 200 culture and information companies were introduced into Jiading, and helped this industry get the income of 24 billion yuan last year, which was 40 percent more than that of the year before.

Four more foreign-invested companies set up headquarters in the district during the year, making the number totaled at 28 nowadays.

As part of an economic restructuring plan, 229 enterprises that were energy guzzlers with low production value were eliminated, saving the equivalent of 53,000 tons of standard coal and freeing up 123 hectares of land for other development uses.

More than 400 companies in the district had production output value exceeding 100 million yuan.

Investment in fixed assets climbed to a record of 35 billion yuan in Jiading last year, an 18 percent increase from the year earlier.




 

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