Economic indicators of Yangpu maintains rapid growth

Thanks to the integrated development strategy that Danzhou and Yangpu implemented at the beginning of this year, Yangpu Economic Development Zone in Danzhou has achieved rapid economic growth in the first three quarters of 2022.

Its port and shipping indicators maintained rapid growth. From January to September, the cargo throughput of Yangpu Port was 37.86 million metric tons, a year-on-year decrease of 9.77 percent. However, it was 4.6 million tons in September, a year-on-year increase of 5.49 percent. The port's container throughput reached 1.29 million twenty-foot equivalent units (TEUs), up 32.58 percent year-on-year.

The volume of service imports and exports grew at a high speed, while the annual target tasks were completed ahead of schedule. At the beginning of this year, Yangpu set the annual service trade import and export target of 4.8 billion yuan (664 million). It is expected to complete 6.5 billion yuan in service imports and exports in the first three quarters of the year.

Its volume of goods imports and exports ranks first in Hainan province. From January to September, the total imports and exports of goods in Yangpu reached 65.5 billion yuan, up 34 percent year-on-year, and it is projected to reach 90 billion yuan in the whole year.

The zone's foreign investment has also doubled from last year. The actual utilization of foreign capital in Yangpu reached $230 million in the first three quarters of the year, up 67 percent year-on-year.

Danzhou and Yangpu have made significant progress in attracting investment, with the total amount of project contracts reaching a new high. In the first three quarters of the year, there were 94 centrally started projects in Danzhou and Yangpu, with a total investment of 43.4 billion yuan. Of these, 36 projects were signed in a centralized manner, with a total investment of more than 22.3 billion yuan.