Copyright 2024 - Ningbo Life / Ningbo Expat

Xiangshan County on the list of counties powerful in construction industry

At the meeting held in Hangzhou on the development of construction industry of Zhejiang, Zhejiang provincial government commended a number of cities, counties and enterprises powerful in construction. Xiangshan County is on the list of the counties. Longyuan, Hongrun and Huafeng companies are entitled by Zhejiang provincial government “Enterprises of Zhejiang Powerful in Construction”. Lai Zhenyuan, Zheng Hongfang, Wang Zhikuang are entitled by Zhejiang provincial government “Entrepreneurs Making Outstanding Contributions to the Construction Industry of Zhejiang.”

With the efforts made in the past 30 years, the construction industry of Xiangshan has undergone rapid development and now it is a leading industry of the county. There have appeared a number leading enterprises. Over the past 10 years, Xiangshan has always been in the front of Ningbo in construction industry. In 2010, the output of construction industry of Xiangshan reached 50 billion yuan.

Now, Xiangshan has 10 construction enterprises undertaking construction projects in foreign countries. In the 11th five-year plan period, the production value of the construction industry of Xiangshan in foreign countries is among the best in Zhejiang.

The construction industry of Xiangshan has become an industry that contributes most to the local revenue. With a labor force of 230,000 people, the construction industry is an important one for the labor force in the countryside and it has promoted a large number of related industries.

This year, the construction industry of Xiangshan is estimated to be over 70 billion yuan and the tax revenue is likely to reach 500 million yuan. The targets of the construction industry of Xiangshan for the 12th Five-Year-Plan Period are: the annual growth rate of the industry should be 13%; by 2015, the output value of the industry should reach 120-140 billion yuan; the profit tax should be above 5 billion yuan; the industry should contribute more to the economic and social development of the country.

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