Economic data of BDA's first three quarters unveiled

Economic data for the Beijing Economic and Technological Development Area (BDA)'s first three quarters was recently released.

From January to September, the total industrial output value of Beijing E-Town industries above designated size reached 455.99 billion yuan ($71.27 billion), a year-on-year increase of 30.1 percent.

Among them, the total output value of industries above designated size in the BDA amounted to 424.36 billion yuan, a year-on-year increase of 32 percent.

The four leading industries of new energy vehicles and intelligent connected vehicles, new generation information technology, robotics and intelligent manufacturing, and biotechnology and general health had a combined industrial output value of 403.74 billion yuan from January to September, a year-on-year increase of 33.0 percent, accounting for 95.1 percent of the area’s total industrial volume.

Among them, the biotechnology and health industry now includes more than 1,700 companies such as Bayer, Tide, and Tong Ren Tang, forming a complete industrial chain covering biomedicine, medical equipment, health and other fields.

From January to September, the industry had an output value of 141.39 billion yuan, a year-on-year increase of 210 percent. The output value growth rate of 12 companies, including Tide, Varian Medical, ACROBiosystems, and Kinghawk Pharmaceutical, all exceeded 50 percent.

The new-generation information technology industry had an output value of 79.67 billion yuan from January to September, a year-on-year increase of 26.8 percent.

Four companies, namely Xiaomi Electronics, Semiconductor Manufacturing North China, NAURA Technology, and Vision China, all grew by more than 30 percent year-on-year.

In addition, the stock of national high-tech enterprises in the BDA maintained a 10-percent growth rate year after year.

From January to September, the total output value of high-tech industries in the BDA reached 220.92 billion yuan, a year-on-year increase of 100.8 percent.

When it comes to fixed assets, from January to September, fixed asset investment in Beijing E-Town increased by 51.1 percent year-on-year, with an average growth rate of 40.4 percent over the past two years.