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Zhoushan economy grows during Jan-April period

chinadaily.com.cn| Updated: June 3, 2021 L M S


The Zhoushan port area delivered 191 million tons of cargos, including 622,000 tons of TEUs, in the first four months of the year. [Photo/WeChat account: china-zjftz]

Zhoushan in East China's Zhejiang province witnessed a significant increase in economic performance in the first four months of the year, according to statistics from the local bureau.

The added value of the digital economy's core manufacturing industry above designated size, strategic emerging, and high-tech industries rose 71.6 percent, 48.7 percent and 40.8 percent year-on-year respectively in the Jan-April period.

The gross output of industries above designated size increased 49.5 percent year-on-year while the total output of petrochemical industry above designated size surged 76.4 percent year-on-year during the same period.

The Zhoushan port area delivered 191 million metric tons of cargo in the first four months of the year, a year-on-year increase of 13.3 percent. This included 622,000 tons of twenty-foot equivalent units (TEUs), a yearly increase of 49 percent.

The imports and exports of Zhoushan amounted to 74.46 billion yuan ($11.67 billion) during the period, a year-on-year increase of 31.1 percent.

The exports increased 44.2 percent year-on-year to 27.39 billion yuan while the imports increased 24.5 percent year-on-year to 47.06 billion yuan.

In the first four months of the year, Zhoushan became home to an additional 5,176 companies, a year-on-year increase of 101.3 percent, and another 5,457 individual businesses, a year-on-year increase of 57.8 percent, bringing the total number of market entities in the city to 143,200.