Highlights of Harbin’s work in 2018, promising 2019 ahead

The total import and export volume of private enterprises climbed by 18.7 percent in 2018, exceeding that of state-owned enterprises for the first time. The disbursement of foreign capital reached $3.65 billion. 

In the past year, Harbin has also made great efforts in its industrial development. It is estimated that the annual added value of industries above designated size will increase by about 5.5 percent, and that of high-tech industries by 16 percent with a total of 163 new established high-tech enterprises. In fact, 251 key industrial projects were started or resumed in 2018, with a total investment of 30 billion yuan. The financial industry has also accelerated its development, with major operating revenue exceeding 85 billion yuan, up 5 percent year-on-year. 

The cooperation between Harbin and Shenzhen has been further deepened. The two have launched joint industrial park construction projects, and 102 cooperation projects with a total investment of 117.6 billion yuan have been promoted, 14 of which have been put into operation. A framework agreement for the collaborative development of Harbin and Changchun was also formally signed, indicating a new journey of cooperation between the two cities.