The Ningde economy achieved rapid growth with sparkling growth edges

--the general information of the economic and social development of Ningde

Sources: Ningde Statistical Information Web

The year 2005 was the last year of the Tenth “Five-year” Plan. Under the direction of scientific development concepts and national macroeconomic adjustment and controlling policies, the municipal government successfully oriented the development direction of this city to be a central city of the Western Bay Economic Zone. With all the efforts from different aspects, the city successfully implemented the system innovation to a further level with a more unified core leading group, more creativities and opportunities, combating with serious natural disasters and further promoting the major projects and investment. Therefore, the city economy experienced distinct growth. The county-level economy was further promoted, and the industrialization process was further developed. The city economy grew rapidly with better quality and stronger promotion force. The year of 2005 has been a year that witnessed the most successful development of the city economy during the whole Tenth “Five-year” Plan.

1.  Sparkling economic edges: the total GDP and the total government revenue both set new records, the process of getting residents rich was further promoted, which became one of the most eye-catching points during the economy growth.

1) The total GDP reached a new height.

The total GDP in 2005 reached 34.227 billion RMB with a growth by 10.6% It achieved a growth by 4.08 billion RMB. The “Three Industries” all achieved satisfying growth. The added value created by primary industries reached 8.307 billion with a growth by 3.6%. The added value from the secondary industries reached 11.937 billion RMB with a rapid growth by 18.8%, while tertiary industries created the added value at 13.983 billion RMB with a growth by 8.4%. In the Tenth Five-Year Period, the GDP growth reached the increase by 10.0%, which was 1% higher than planned.

2) The new industry structure was gradually built up.

3) The government revenue reached a new record.

The year of 2005 was the best year of the economy quality of Ningde. The total government revenue of the city accomplished over 2 billion RMB at 2.21 billion RMB with a growth by 29.4%. This growth was 18.8% higher in growth rate compared to the city GDP growth and was the fastest year during the Tenth “Five-year” Plan. The government revenue took up 6.5% of the total city GDP, which was 1.4% than the year 2004 and 1.1% higher than the year 2000. This growth indicated that the economic quality of this city has been improving. The local-level government revenue reached 1.265 billion RMB with a growth by 25.2%. The new record in government revenue revealed that the social and economic development of Ningde has been further promoted.

4) The total investment also achieved a new height.

In the year 2005, the city further reinforced the strategy of project-oriented for the introduction of investment with the focus on major projects. The total social investment reached 13.554 billion RMB with a growth by 33.1%, among which the investment on fixed assets on urban areas reached 11.627 billion RMB with a huge growth by 38.3% ranking the Second throughout the whole province. The number of newly-opened projects valued above 50 million RMB reached 39. 25 of these projects had the total individual investment of over 100 million RMB. The total investment on these major projects reached as high as 4.639 billion RMB. During the Tenth “Five-year” Plan, the total social investment reached 44.95 billion RMB, which was 2.5 times more than the Ninth “Five-year” Plan with an annual growth by 17.8%. This growth rate was even 5.2% higher than the Ninth “Five-year” Plan. Major projects, such as Datan Power Plant, Niutoushan Hydro Power Plant, Wenfu Railway and Xiafu Airport projects were under construction, which became the driving forces for the city’s economy development.

5) The accelerating development of secondary industries was also remained.

In 2005, the total GDP created by industries above designated size reached 18.706 billion RMB with a rapid growth by 33.8%, which was 13.0% faster than the provincial level and was ranked the first of Fujian Province. The growth gap between heavy and light industries was narrowed. The total GDP created by light industries reached 5.327 billion RMB with a growth by 41.0%. The total GDP by heavy industries reached 13.378 billion RMB with a growth by 31.1% which was only 10% or so slower than the light industrial development. This gap was further narrowed when compared to the last three seasons. The development of state-owned industries was very rapid together with the fast development of private enterprises. The total GDP created by state-owned and state-shared enterprises reached 2.696 billion RMB with a growth by 24.8% driving the enterprises above designated size to grow by 2.8%. Its contribution to the growth reached 11.3%. The total GDP by non-state-owned enterprises reached 16.01 billion RMB with a growth by 35.4%, among which the total GDP from cooperative stock enterprises, joint-stock enterprises and three types of foreign-funded enterprises reached 489 million RMB, 1.25 billion RMB and 279 million RMB respectively with the growth by 28.7%, 45.0% and 18.2%.

6) The process of “Getting the residents Richer” also proceeded well.

In 2005, different levels of government had been putting the “Getting the residents Richer” process to the more important position. Through launching a series of measures and policies, the municipal government tried to increase the residents’ income level. The “Spring Movement” was one of the measures helping lay-off workers to be re-employed. As many as 7,419 persons were re-employed by this program, which were 192 more than the previous year. The per capita average disposable income for urban residents reached 9,785 RMB with a growth by 9.8%. Under the direction of the national policy on agriculture and farmers of “Give more, get less and more promotion”, the burdens on farmers were further released and therefore their net income was able to achieve some growth. In 2005, the per capita net income for farmers reached 3,808 RMB with a growth by 8.3% compared to the previous year. Compared to the year 2000, the per capita average disposable income for urban residents and the net income for farmers grew by 4,040 RMB and 958 RMB respectively with the growth by 70.3% and 33.6%. The process of “Getting residents Richer” further improved the daily life of residents.

7) The "opening-up" process reached a new stage.

 In 2005, the exports in this city also grew fast. The total value created by imports and exports in 2005 reached 33.592 million US dollars with a growth by 25.2% compared to the previous year. The total value created by exports reached 32.536 million US dollars with a growth by 26.0%, while the total value created by imports reached 10.56 million US dollars with a slight growth by 4.0%. Among the enterprises involved in exports, the value created by state-owned enterprises reached 28.80 million US dollars with a decrease by 16.7%. The value created by foreign joint-share enterprises reached 130.44 million US dollars with a growth by 5.2%. The value created by collective and private enterprises reached 166.12 million US dollars with a huge growth by 66.8%. The FDI also witnessed rapid growth. In 2005 the total foreign investment under contract reached 125.48 million US dollars with a growth by 29.9%, while the FDI reached 113.80 million US dollars with a growth of 26.1%. During the Tenth “Five-year” Plan, the international trading and exports of this city developed rapidly. The total value created by international trading and exports reached 100 million US dollars for the first time in 2001, then it kept grew to achieved 200 billion US dollars, 250 billion US dollars and 300 billion US dollars in the next 2003, 2004 and 2005. The annual growth reached the rate of 33.6%. The total FDI within the five years reached 418 million US dollars, which was 1.3 times more than the last “Five-year” Plan Period.

8) The price adjustment and controlling policies was taking effect.

In 2005, the resident consumption pricing index was 102.4 with a decrease by 1.8%. The price level of services increased 3.0% in general. The price level of consumption rose modestly by 2.2%. The ex-factory price level was increased by 4.1%. The general pricing level growth was cooling down. In 2005 the resident consumption price level was increased by 7.7% compared to the same period of the year 2000 with an annual increase by 1.5%. This achieved the goal of stabilize the general social price level. During the whole Tenth “Five-year” Plan, the pricing level of this city was firstly raised to some height and then dropped forming the curse trend of a bell.

9) The social vocations were further developed.

On the launch of the “Measures of complement on scientific and technological achievement Ningde”, the “Outstanding Personnel and Contribution Awards” were set up to demonstrate the model projects of science-based development and promote the city’s scientific and technological development. The education of this city also achieved rapid development. The “Two Bases” were further solidified. In 2005, the primary entry rate and the secondary entry rate reached 99.9% and 91.1% respectively. The number of students in high schools and vocational training institutes reached 638,000 and 365,000 respectively with the growth by 32,000 and 20,900 persons each. The city’s sport vocation also witnessed new fruits. The concepts of body-building were further implemented in ordinary people’s life, while the competitive sports also achieved new success. On the Tenth National Sports Competition, the athletes from this city gained three gold medals, one silver medal and one bronze medal.

2.  Outstanding features of the city’s economy operation: The economy witnessed steady development. The pillar enterprises played the leading role promoting the economy development. The county-level economy developed fast.

1)      The economy witnessed steady development. In 2005, there was no huge fluctuation in the city’s economy development. The general situation was steady and continuing to grow. Driven by stable and strong production, consumption and investment, the total GDP in the first two seasons both reached a growth by 10.3%. In the first three seasons, this growth stabilized by 10.2%, while the whole year experienced the growth by 10.6%. Meanwhile, the tertiary industries also developed steadily. During the Tenth “Five-year” Plan, the GDP achieved an average annual growth by 10.0% with the general trend of continuing growing.

2)  The pillar enterprises played the leading role promoting the economy development. The number of pillar enterprises in agriculture reached 73. According to some preview, the total sales income from the products by these enterprises would reach 1.38 billion RMB. At the end of 2005, the number of enterprises above designated size in the secondary industries reached 525 with a growth by 67 in number compared to the previous year. The six major industries of food production, architecture materials, automobile affiliation, boat maintains, machinery, medication and chemical productions created a total value at 11.004 billion RMB with a growth by 24.2% taking up 58.8% of the total value created by enterprises above designated size. The food production and boat maintains enterprises grew the fastest by 42.8% and 42.2% respectively and strongly promoted the secondary industries’ development.

3)  The county-level economy developed fast, which became the new edge for the city’s economy development. The economy development of counties and towns along the coastal areas had shown great potentials and strength. In 2005, the local-level government revenue reached 1.063 billion RMB with a growth by 23.6%. The gaps among counties were further narrowed down. Most counties except Fuding (growing by 14.6%) achieved the growth by over 18.0%. The government revenue gained 203 million RMB more than the previous year taking up 79.8% of the newly-gained government revenue. The total county-level investment on fixed assets reached 8.933 billion RMB with a huge growth by 43.2%, which was 4.9% higher than the city level. The major economic indices of Fuding and Fuan took the lead of all the counties of this city. Their GDP grew by 12.0% and 11.0% respectively. All of the above indicated that the county-level economy has entered the fast-developing stage.

3. Strong supporting strengths: The development of production, the enlarged consumption need and the upgrade of the economy environment became the strong supporting strengths of the city’s economy development.

1)The development of production laid a sound material foundation for the economy development.

(1) The agriculture industries grew steadily. In 2005, by the strong promotion from the municipal government, the driving from the strong market and the direction of certain policies, the agriculture development of this city successfully overcame the natural disasters and achieved steady growth. The total GDP created by agricultural industries reached 14.339 billion RMB with a growth by 4.2% compared to the previous year. This rate was even 0.5% higher than the average annual growth during the Tenth “Five-year” Plan. The total GDP by traditional agriculture reached 6.189 billion RMB with a growth by 4.5%. The total GDP created by forestry reached 708 million RMB with a growth by 5.9%. The total GDP by stockbreeding reached 1.428 billion RMB with a growth by 2.8%. The fishery created a total GDP valued at 5.850 billion RMB with a growth by 4.0%, while the related service industries created a total GDP valued at 163 million RMB with a growth by 4.9%. The production of major agricultural products kept to grow. The total food production reached 778,200 tons with a slight drop by 4.1%. The production of mushrooms reached 96,300 tons with a growth by 6.8%. The production of tea leaves reached 51,300 tons with a growth by 6.6%. The production of fruits reached 228,900 tons with a decrease by 2.9%, while the production of fishery reached 788,000 tons with a growth by 2.1%.

(2) The secondary industries grew strongly. Based on the fast development of the previous year the secondary industries continued to overcome the difficulties and kept to grew strongly. The total added value reached 9.589 billion RMB with a growth by 17.8% reaching the highest record during the Tenth “Five-year” Plan. The added value created by industries above designated size reached 6.296 billion RMB with a growth by 25.7%. The total tax payment and net profits from industries above designated size reached 238 million RMB and 101 million RMB respectively. The comprehensive economic benefit index was raised by 31.9%. The sales rate of industry products reached 97.6%. During the Tenth “Five-year” Plan, the total added value from these industries grew by 14.2%, which was 3.7% faster than the last “Five-year” Plan.

(3) The architecture industries continued to grow rapidly. In 2005, the total added value created by architecture industries reached 2.348 billion RMB taking up 6.9% of the city’s total GDP. During the Tenth “Five-year” Plan, the development of these industries reached a growth by 18.4%, which was 8.4% faster than the general city GDP growth.

(4) The tertiary industries in this city also witnessed sustainable development. In 2005, the total added value created by tertiary industries reached 13.983 billion RMB with a growth by 8.4% compared to the previous year, which contributed to the city’s economy development by 33.9% and drove the city economy to growth by 3.4%. During the Tenth “Five-year” Plan, the annual average growth of tertiary industries was by 10.5% which equaled the speed of the GDP development. The scale of financing and banking institutes was also enlarged with better quality and benefit achievement. At the end of 2005, the total savings in the financing and banking institutes reached 22.153 billion RMB with 2.4 times more than the year 2000. The total number of loans issued by these institutes reached 19.926 billion RMB with 2.5 times more than 2000. Within five years, both the savings and loans achieved more than double growth.

2) The growth of consumption need further promoted the city economy growth.

In 2005, the social consumption, investment and exports grew simultaneously. The scale of consumption market was further enlarged. The total social retail sales income reached 12.382 billion RMB with a growth by 11.8% compared to the previous year, which was 11.5% higher than the average annual growth rate. The consumption on residential housing, automobiles, tourism and telecommunication had become the major aspects. The total social investment on fixed assets reached 13.554 billion RMB with a big increase by 33.0%. The investment on fixed assets from urban areas reached 10.763 billion RMB with a growth by 38.3% despite the high record from the year before. The rate was 14.2% higher than the average provincial level and was ranked the Second within the province. During the Tenth “Five-year” Plan, the average annual growth of exports reached as high as by 33.6%, which was 10% than planned. The simultaneous growth of consumption, investment and exports had formed a better structure for the city’s economy development, which was crucial to the healthy and sustainable development in the future.

3)The development of private sectors also became the new vigor for the city’s economy development.

Currently the development of private sectors also became the new vigor for the city’s economy development. The number of newly-opened private enterprises reached 1,644 with a total registry capital at 2.589 billion RMB. The number of newly-developed private sectors reached 9,217 with a total registry capital at 827 million RMB. At the moment, the total number of private enterprises reached 7,053 with a total registry capital at 9.665 billion RMB and a growth by 21%. The total number of private sectors reached 41,921 with a total registry capital at 2.789 billion RMB and a growth of 240%.