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Pudong's industrial output exceeds trillion yuan in 2018

chinadaily.com.cn Updated:2019-03-06

Progress in hi-tech products

Aside from the strategic emerging industries, Pudong's hi-tech also achieved fruitful results last year with optimized industrial structures.

Statistics reveals that the output of the district's hi-tech industries rose 2 percent to 326 billion yuan in 2018, among which the aerospace manufacturing industry grew by 21.6 percent, the pharmaceutical manufacturing industry by 18.9 percent, and the medical equipment and instrumentation manufacturing industry by 7.7 percent, respectively.

Improved performance of industrial enterprises

The total revenue of industries above the designated scale in Pudong climbed 4.1 percent to 102.8 billion yuan in 2018. The profit margin of the main business income was 8.5 percent.

In terms of the development of private enterprises, their output grew at a steady 1.8 percent last year to 106.8 billion yuan. Among the 717 privately-owned industrial enterprises above designated size in the district, 38 of them have a production scale exceeding 500 million yuan.

Industries such as pharmaceutical manufacturing, special equipment manufacturing, general equipment manufacturing, instrumentation manufacturing, and non-metal products industry all enjoyed desirable growing prospects.

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