Comprehensive competitiveness of industries in Ningbo continues to improve

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Category: Ningbo Business

Published: Monday, 19 December 2011 09:23

It is estimated that by eliminating the backward production capacity, Ningbo will reduce the yearly consumption of electricity by one billion KWH. Thanks to the policy of cultivating strategic emerging industries, the proportion of the eight strategic emerging industries occupied one-fifth of the total industrial output in the first three quarters of this year. All such achievements, mentioned by Zhang Shifang, Deputy Director of the Municipal Development and Reform Commission and Director of the Municipal Industrial Upgrading Office, in his speech delivered in the press conference on December 14, demonstrated that at the first year of the 12th Five-year Plan Ningbo accelerated its industrial upgrading and its comprehensive competitiveness of industries enhanced continually.

The port industry stepped onto a new stage by sticking to the revolving-oriented development. With the promotion of the extension project of Geely Automobile in Chunxiao Town of Beilun District and the 10 billion-yuan project in Wanhua Industrial Park of Daxie Development Zone, the port industry in Ningbo has further increased in aggregation and improved in comprehensive competitiveness. In the first ten months of this year, the developing rate of port industry took the lead among all the industries in Ningbo, with an increase of 34.4% in petroleum processing industry, 45.8% in chemical raw materials and products, and 40.2% in chemical fiber industry, much higher than the average growth rate.

The transformation of the traditional industries accelerated significantly by sticking to transforming and upgrading. In the past year, Ningbo has increased its efforts in technological reform and elimination of backward production capacity, strengthened the innovation of core technology and techniques and attached great importance to improving industrial competitiveness. It is estimated that the elimination of the 376 enterprises in 17 industries may save one billion KWH of electricity and 530,000 ton of standard coal. 13 enterprises in Ningbo rank among the 2011 top 500 manufacturers in China, taking up one-fifth of those selected in the whole province.

Cultivation of the emerging industries began to achieve initial success by sticking to planning ahead. In the first three quarters, the eight strategic emerging industries (such as new energy industry) realized an output value of 166.38 billion yuan, increasing its proportion in the total industry output value by 19.1%. A batch of demonstration projects have been moving forward in order, and a case in point is the construction of the Ningbo base project of China South Locomotive with an investment of 3 billion yuan, which will boast of an output of 150 rail transit vehicles.

The development energy of modern services industry was improved by sticking to the high-end orientation. In the last year, Ningbo has quickened its construction of a batch of major projects in services industry. The development energy of modern services industry has greatly been improved with the added value for the first three quarters reaching 172.67 billion yuan, up by 9.3% over the same period last year. So far, there have been 315 technology service institutes included in the statistics in Ningbo. It is estimated that the turnover of bulk commodity may reach over 200 billion yuan as commodity trading and headquarter economy are still on the rise.

Strengthening the technological innovation is the key to industrial transformation and upgrading. This year, the budget for technological expense stands at 2.502 billion yuan, up by 13%. In the first ten months, the technological activity expenses of the above-scale industries reached 9.7 billion yuan, up by about 30%. In the first three quarters, the cumulative volume of invention patents in Ningbo reached 1218, up by 40% over the same period last year.

The essential factor support and mechanism innovation guaranteed the progress of industrial transformation and upgrading. This year, the municipal financial budget for accelerating industrial transformation and upgrading reached 2.23 billion yuan, taking up 14% of the available municipal financial resources. In the meanwhile, by actively reforming the means of financial support, the city has seen a better play of the financial lever effect and leading role