Sanmenxia's industry grows rapidly in 2017

The added value of industries above a designated scale in Sanmenxia reached 62.2 billion yuan ($9.8 billion), a year-on-year increase of 9.1 percent, according to a report on ismx.cn on Feb 8.

With 1.1 percent higher than the provincial average level, Sanmenxia's growth rate in industry ranks the first place in Henan province.

The city's traditional industry remains the major force driving the economic development. Seven traditional industries such as nonferrous metal, power, coal mining and food manufacturing industry contributed to 96.3 percent of the growth of the local industry by completing an industrial output value of 43.2 billion yuan, a year-on-year increase of 12.9 percent.

A total of 62 emerging industrial enterprises above a designated scale achieved an added value of 2.6 billion yuan. The high and new technology industries are burgeoning with a growth of 12.9 percent.

Progress was also made in the supply-side structural reform by closing 14 coal mines and reducing 2.4 million tons of outdated capacity.