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Chongqing's industrial sector continues to boom with a record high in industrial development for the first half. The total industrial added value reached RMB67.7 billion, 20.7% higher than the figure of the previous year, which is 4.4% and 3.6% faster than the first quarter and the same period of last year respectively. The added value from enterprises with statistic significance reached RMB52.27 billion, which is 23.1% higher than the figure of the previous year, 3.2% faster than the growth of the first half of last year, and 4.6% faster than the national average (18.5%). The growth rate as of the end of June ranked the eighth nationwide and the fourth in western China. In particular, the ranking for May and June was the third nationwide and the second in western China. The investment by industrial enterprises with statistic significance reached RMB34.9 billion, up 38.9 % over the previous year. The total industrial output was RMB247.2 billion, up 27%, 6% and 4% faster than the first quarter and the same period of the previous year (a net increase of RMB52.6 billion over the previous year). Of the value, enterprises with noteworthy size (a kind of statistical criteria) contributed RMB191.9 billion (a net increase of RMB44.3 billion over the previous year), up 30% (while the figure for the first quarter is 26%). Enterprises without noteworthy size contributed RMB55.3 billion, up 17.6% (12.4% for the first quarter). Estimated profit of the industrial enterprises is RMB9.5 billion, or 43% higher.
Source: Chongqing Municipal Economic Commission
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