Economy stays on a steady course
Jiading’s economy maintained steady growth last year amid its major tasks to support the construction of a science and technology innovation center as well as build itself into a modern city.
The district reported a gross value added of 215.17 billion yuan (US$33.61 billion) in 2017, up 8.6 percent from a year earlier.
Enterprises in the auto industry, with an annual turnover of over 20 million yuan, reported 435.83 billion yuan of output last year, up 12.1 percent from a year ago.
Strategic emerging industries are playing an increasingly important role in Jiading’s economy. Enterprises in such industries are expected to achieve an output value of 92 billion yuan, up 18 percent from a year ago.
Four major emerging sectors maintained rapid growth in 2017. Enterprises in the industries, with an annual turnover of over 20 million yuan, reported a gross output value of 37.19 billion yuan during the period, up 26.6 percent from a year ago.
Turnover on e-sales is expected to reach 217.5 billion yuan, a year-on-year increase of 31 percent.
The number of main board listed companies in the district increased to 15 while 282 Jiading-based companies are on the New Third Board or with their equities traded.
Commercial complexes and blocks reported 5.5 billion yuan of income last year, up 37.3 percent year-on-year.
Jiading’s tourism industry reported a direct income of 10.3 billion yuan, up 16 percent from a year ago.