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| Comprehensive Economic Strength | |
| Jining City is successful in keeping its economy on a track of constant, fast, and healthy growth. In 2004, its GDP reached 110.216 billion yuan, according to the comparable prices, 17.2% higher than that of the previous year. The city has also further optimized its industrial structure, thus constantly consolidating the foundation for its economic growth. In 2004, the realized added value in the city’s primary industry reached 15.257 billion yuan, according to the comparable prices, increased by 8.0% compared with that of the previous year. The realized added value in the secondary industry last year was 56.885 billion yuan, increased by 21.9%, and the tertiary industry’s realized added value was 38.074 billion yuan, increased by 14.7%. The ratio of the city’s primary industry, secondary industry and tertiary industry in 2004 was 13.8:51.6:34.6, among which the primary industry has decreased by 0.6 percentage, the secondary industry increased by 2.6 percent and the tertiary industry decreased by 2 percentage . Jining has greatly improved its investment structure. In 2004, the city invested 50.8 billion yuan in the fixed assets, increased by 42.7%. Of the total, 49 billion yuan was allocated to major projects, 38.38 billion yuan to infrastructure projects, 5.24 billion yuan to renovation projects, and 4.096 billion yuan invested in the housing development, increased by 62.9%. The tertiary industry has been developing rapidly. The services, including finance and insurance, information services and software, transportation and postal services, goods and materials distribution, consulting and brokerage, have all achieved noticeable progress. In 2004, the city’s total tourism revenue reached 6.269 billion yuan. As to the ownership structure, the non-state ownership grows rapidly while the overall ownership structure keeps improving. The realized added value of the private-owned businesses reached 15.6 billion yuan, increased by 36.8%, accounting for 21% of the city’s GDP, increased by 3.5% compared with the same period of the previous year. In the major industrial fields, the total net assets of the joint-ventures, the cooperative enterprises and the overseas-funded businesses reached 17 billion yuan, accounting for 54% of the city’s total industrial net assets, increased by 3 percentage points compared with the same period of the previous year. |
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