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Industry drives Sanmenxia’s Economic Development

By Sanmenxia Daily Updated: 2021-09-09 10:17

Since the beginning of this year, Sanmenxia’s industrial economy has achieved steady growth. From January to July, the added value of industrial enterprises above the designated size increased by 14.6% year-on-year, which was 4.9 percentage higher than that of the whole province and ranked second in the province, which strongly boosted Sanmenxia’s economic growth. 

In the first half of this year, Sanmenxia’s regional GDP reached 73.54 billion yuan, a year-on-year increase of 12.8%, which was faster than that of the whole country and the whole province, and ranked second in the province. Among the 15 regular main economic indicators, 10 were in the “first echelon” of the province. From January to July, industrial power consumption, total social power consumption and the cumulative growth rate of industrial value-added tax all ranked first in the province. The growth rate of Sanmenxia’s total retail sales of consumer goods remained at the third place in the province for three consecutive months. 

Industrial production above the designated size was speeding up in transformation and upgrading, and the steady and positive development trend of the industrial economy has been further consolidated. From the perspective of production and sales, the copper, coal, coal chemical, and gold industries have strongly supported the recovery growth of the industrial economy, and have contributed a lot to industrial growth. Key enterprises such as Lingbao Baoxin Electronics, Henan Jiuyi Copper, Dayou Energy, Kaixiang Chemical, SDIC Jincheng Metallurgy, Zhongyuan Gold Smelter, Jinqu Gold and Silver Refinery Company have made greater contributions to economic growth. From January to July, the production and marketing rate of industry above the designated size was 99.9%, which was the highest in recent years. In terms of supporting indicators, from January to July, Sanmenxia’s electricity consumption and industrial electricity consumption increased by 26.6% and 29% year-on-year respectively. 1.358 billion yuan of industrial value-added tax was completed, an accumulative increase of 86%, ranking first in the province, forming a strong support for the industrial development of Sanmenxia. Judging from the market price situation, the prices of key industrial products related to Sanmenxia, especially the prices of energy raw materials, have generally remained high and stable. With the doubling of coal prices, Yimei Coal Group realized a relatively large increase in revenue, and paid taxes of 4.1 billion yuan, four times that of the same period last year. 


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