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Ordos economy strong in first 4 months

Updated: 2022-06-14 (chinadaily.com.cn) Print

In the first four months of this year, the main economic indicators of the city of Ordos in North China's Inner Mongolia autonomous region saw a strong growth trend and the overall economy was generally stable.

From January to April, the added value of the city's 529 industrial enterprises above designated size increased 8.2 percent year-on-year and the overall growth rate maintained a steady upward trend.

The added value of the coal mining and washing industry increased 7.9 percent year-on-year, driving the city's industrial added value up 5.2 percentage points.

The added value of petroleum, coal and other fuel processing industries increased 22.4 percent year-on-year, driving the city's added value of above-scale industries up 0.8 percentage points.

The added value of the electricity and heat production and supply industries increased 18.3 percent year-on-year, driving the city's industrial added value up 1.1 percentage points.

Meanwhile, the city's fixed asset investment increased 35.8 percent from the same period last year.

A total of 224 projects with an investment of more than 100 million yuan each have resumed construction, 29 more than in the same period in 2021.

Another 62 new projects started construction during the same period, 38 more than in 2021.

In addition, total retail sales of consumer goods in the city were valued at 17.91 billion yuan, a year-on-year increase of 2.5 percent. The city's retail sales of consumer goods above designated size reached 6.29 billion yuan, a year-on-year increase of 10.1 percent.

 

 


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