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Industrial economy keeps growing

Source: Yiwu sourcing agent    Author: Gary      Date: 2008-01-16

The year of 2007 witnessed rapid progress in Yiwu industrial economy and steady advance in its economical profits.By the end of November of 2007, industrial enterprises had realized gross production value of 80.859 billion yuan 21.22% up over 2006, and the sales value reached 78.329 billion yuan, 20,96% over the previous year with the production-to-marketing rate being 97.19% up over the previous year, and export value of industrial goods amounted to 12.002 billion yuan, 25.04% over the same period of 2006. Industrial enterprises of considerable size accomplished industrial output value of 37.768 billion yuan,27.25% over the same period of previous year.
In 2007, Yiwu fully carried out the strategy of "Trde and Industry Promoting Each Other", gave more guidance in the industry cultivation, and more support to enterprises' self-innovation and industry upgrade. In 2007,Yiwu provided about 140 million yuan of financial funds in many aspects like supporting the excellent and outstanding, building public service platform, tech innovation, brand and standardization strategy, energy conservation and emission mitigation, and cycle economy, which made a favorable atmosphere for economical development and innovation. Besides more than 20 competitive industries such as zippers, tapes, ornaments,clothing, socks, wool spinning and knitwear, some other industries like IT, medicine and equipment manufacture also began to take shape. Yiwu was awarded the title of China's thread and tape famous city in October of 2007. By now, Yiwu has 9 national industry bases of zippers, pen-making,cosmetics, knitting socks,clothing, handiworks, ornaments, printing, and thread & tape. In the meantime, the construction of advanced manufacturing is in the front rank of Zhejiang Province.
Scaled enterprises increased to 1052 in 2007 from 873 in 2006. According to statistics, Yiwu got additionally 25 China's famous trademarks and 3 China famous brands in the year of 2007. Yiwu was No.3 in the list of "the 2006 China's Top 100 Counties of Trademarks" which was issued in August, 2007. Yiwu also started building the program and innovation platform to upgrade the self-innovation level of industry enterprises. 20 programs have been listed in the provincial new product trial manufacturing plan, 12 of which have already been inspected and accepted. The ability and level of enterprises' self-innovation have been in steady inprovement.



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