In the first 8 months, the economy of Ningbo has been running steadily

This report (Reporter Feng Xuan, Correspondent Chen Qiaoyun): The Ningbo Municipal Bureau of Statistics has released the economic performance for the first 8 months. Overall, the city's economy has maintained stable operation, with steady progress in industries, investment, foreign trade, and other fields.
The new industrial momentum is strong. In the first eight months of this year, the added value of industrial enterprises above designated size in the city increased by 8.5% year-on-year. From an industry perspective, the top ten industries in terms of added value scale saw a year-on-year growth rate of "nine increases and one decrease", collectively driving a 7.5 percentage point increase in the added value of the city's industrial enterprises above designated size. Among them, the added value of automobile manufacturing and computer communication increased by 30.3% and 12.3% respectively, both achieving double-digit growth. The automobile manufacturing industry has become the fastest-growing industry among the major industries above designated size in the city.
From the perspective of emerging industries, the added value of manufacturing in high-end equipment, high-tech, and digital economy core industries increased by 14.8%, 10.8%, and 9.9% respectively, with growth rates higher than those of large-scale industries. In the field of high-end equipment, Donghe Direct Drive's domestically pioneering full stack self-developed direct drive industrial mother machine series products have been showcased and have achieved large-scale applications in aerospace, humanoid robot matching, semiconductor and other fields. This means that the new driving force of the city's economy is accelerating its growth, and the industrial structure is optimizing towards high-end and digital direction, "said the relevant person in charge of the Municipal Bureau of Statistics.
Continuous optimization of investment structure. Excluding real estate development investment, the city's fixed assets investment increased by 2.2%. By sector, investment in the manufacturing industry increased by 8.4%, with a growth rate 12.3 percentage points higher than total investment; Infrastructure investment increased by 5.7%, with transportation investment growing by 12.6%. The investment in core industries of the digital economy, equipment manufacturing, and high-tech industries increased by 37.5%, 15.7%, and 13.9%, respectively.
The leading investment in the manufacturing industry means that Ningbo's investment structure continues to optimize, with more funds flowing into the real economy, advanced manufacturing, and emerging industries, "said the person in charge. In the field of high-end equipment, Hangyang Group plans to start construction of a large-scale modular cryogenic equipment intelligent manufacturing base with a total investment of 880 million yuan in Xiangshan Lingang Equipment Industrial Park, marking a new stage in the strategic layout of this leading domestic industrial gas enterprise in Ningbo.
New breakthroughs have been achieved in foreign trade. According to statistics from Ningbo Customs, the total import and export volume of the city from January to August this year was 1.04 trillion yuan, a year-on-year increase of 7%. Among them, the export value was 714.6 billion yuan, an increase of 8.5%; The import volume was 322.3 billion yuan, an increase of 3.8%. Private enterprises played an important role, achieving an import and export volume of 812.4 billion yuan, an increase of 8.1%, driving an import and export growth of 6.3 percentage points, accounting for 78.3% of the total import and export volume of the city. Among them, the export value of "new three types" products was 47.3 billion yuan, an increase of 114.8%.