A Brand-new Phase in Restructuring Industries in Beilun

Against a backdrop of the new normal, Beilun has made conspicuous achievements in fostering new momentums and releasing vitality. As a result, the transformation from outdated momentums to arising ones is further advanced; the equipment manufacturing industry turns into the pillar industry; innovation-driven economies develop rapidly, backing up the progress of the industries; the optimization and upgrading of traditional industries have ushered in a new phase in the restructuring process.

A new highlight the equipment manufacturing industry

Based on the existing industry infrastructure, Beilun has made headway in incubating equipment manufacturing industry like numerically-controlled machine tool, precision punch and industrial robot. The auto industry as well as auto part industry is further developed with a number of competent enterprises standing out such as Tuopu, Dongfang and Hongxun. According to the statistics, for the first time the equipment manufacturing industry has replaced the petrochemical industry to be the pillar industry. From Jan. to Aug., the output value of the equipment manufacturing industry registered 61.77 billion yuan, a rise of 27.6%, among which auto and auto part industries contributed 32.29 billion yuan, increasing by 93.8%. The figure accounted for 40.4% of the total output of industrial enterprises above a certain scale, 16.3 percentage points above petrochemical industry with respect to the proportion occupied. The increasing rate was 21 percentage points above that of other industries above a certain scale during the same period. In the first half year of 2016, Beilun successfully introduced the project of auto camera system by Minshi Group and the intelligent auto electronics project by Tuopu. Both the auto industry and intelligent manufacturing have reaped bountiful fruits while projects for establishing IC chip manufacturing bases are as well initiated , injecting more impetuses to rapid development of the intelligent manufacturing industry.

A new momentum innovation-driven economies

Innovation-driven economies have taken a dominant role. From Jan. to Aug., the output value contributed by high-tech industries in Beilun reached 90.56 billion yuan, accounting for 59.2% among the total value of enterprises above a certain scale. The figure registered a year-on-year increase of 6.7%, 0.3 percentage points above the average in Beilun District. Enterprises sped up updating and upgrading. 48.24-billion-yuan-worth new products were rolled out, increasing by 28% from the same period last year. The increasing rate was 2.5 percentage points above that of the first half year, surpassing that of above-designated-scale industries by 21.6%. As for new products, the ratio of output value stood at 31.5%, nearly 5.2% above the average during the same period.

Strategic emerging industries remain a steady growth. Till August, such industries have boasted a total of 25.7 billion yuan as regards output value, among which the industries of new-energy vehicles, new materials and high-end equipment manufacturing have seen a relatively rapid development, respectively registering an increasing rate of 31.8%, 6.3% and 5.3%. In terms of added value per month, the figure of high-end equipment manufacturing industry is 2.19 billion yuan, accounting for 43% among all the strategic emerging industries.

New vitality upgrading of traditional industries

Traditional port-centered industries in Beilun District like petrochemical, steel and energy industries have strengthened their move to implement energy conservation and emission reduction while restructuring according to the requirements of recycling economy, making strides towards green development. Enterprises like Baoxin Stainless Steel and Yisheng Petrochemical Company, Ltd., have completed their projects of energy conservation and emission reduction while the investment on technical innovation constitutes a main part of all the investment gathered for industrial improvement. From Jan. to Aug., this type of investment totaled 13.08 billion yuan, displaying a year-on-year increase of 7.8% and accounting for 76.9% of the industrial investment. Some traditional enterprises acquired new development through restructuring, updating and upgrading. Besides, industrial profits and taxes of above-designated-scale enterprises reached 14.4 billion yuan, a year-on-year rise of 35.8%, among which profits stood at 9.94 billion yuan, a year-on-year rise of 43.5%. Take Ningbo Steel Company, Ltd for example, during the first half year, both its order fulfillment rate and credit return rate reached 100%. The profit ratio transcended the average of domestic steel industry by 4.6 percentage points and the profitability of its products hit a record.

LINK:	http://en.nbwh.gov.cn/art/2016/10/8/art_1325_89031.html...
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