Economic Development Overview
As of the first quarter of 2007, production and construction of industrial projects in the region more than 30. In 2006, the GDP was 43.9 billion yuan, up 36.6%; industrial output value of 14.68 billion yuan, up 239.2 percent; industrial added value of 2.48 billion yuan, up 73.6%; 2.65 billion of total tax revenue (including customs on behalf of the tax) , An increase of 138.2%; Local general budget revenue 592 million, up 18.2%; fixed asset investment 5.51 billion yuan; port throughput 10.16 million tons, an increase of 135.3%. In 2007, the area is expected to achieve GDP 70 billion yuan, industrial output value of 35 billion yuan. Local pulp and paper, oil and gas industry, electric power and other leading industries formed the prototype, the economy is accelerating development.
At present the region billions of investment projects are: 800 million tons refinery
1 million tons of wood pulp, 1.6 million tons paper, 44 million kilowatts of electricity Yangpu, 8 tons of styrene and other projects; Jinhua Hai logistics, warehousing, 50,000 tons Grain storage projects are under construction; 10 million tons of polystyrene, 50,000 tons of hydrogen peroxide, 18 tons of special oil base oil, a number of petrochemical projects in the pipeline construction industry chain.
Has been addressed, and is actively promoting the project are: 100 million tons of ethylene, 10 million cubic meters of oil reserves, 60 million tons PX, PTA (size to be determined), 300 million tons LNG, offshore vessels and other projects.
Completed projects are: 800 million tons refined oil, 100 million tons of wood pulp, 860,000 kilowatts power plant and 80,000 tons of styrene and other projects;
Projects under construction: 160 million tons of cultural paper, 20 million tons toilet paper
Upcoming construction projects：10 million tons of polystyrene, 18 million tons of base oil
projects are promoting：300 million tons LNG, 1000 million cubic meters of commercial reserves of oil, 100 tons of ethylene, 150 tons of olefins, 60 million tons PX,90 million tons PTA, 30 tonnes of ethanol, 30 tons of acetic acid。
Currently, the district has pulp, paper and paper products, oil and gas industry, oil reserves, as the leading port logistics system is basically formed the framework of the industry, huge growth potential.
However, there are many difficulties in the development of the Yangpu:
----- Industrial base is still weak
----- Residents with low educational level, employment is difficult.
----- Low level of urbanization, and away from the job market, lack of adequate human resources to support
----- Lack of private enterprise, economically inactive
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