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Economic Development of Danyang

In 2013, the regional GDP was 92.5 billion yuan, an increase of 12.8%; the public fiscal budget revenue was 6.04 billion yuan, an increase of 21%; the fixed asset investment above designated size was 33 billion yuan, an increase of 22% . The economy continues to maintain a good momentum of steady growth.

The five major emerging industries completed investment of 7.3 billion yuan and sales of 47.8 billion yuan, an increase of 140.5% and 54.2% respectively. In 2013, Danyang's industry achieved a total industrial output value of 269.105 billion yuan, a year-on-year increase of 16.20%; sales revenue of 244.290 billion yuan, a year-on-year increase of 16.5%; profits and taxes of 19.065 billion yuan, a year-on-year increase of 17.5%. The total industrial output value of the industries above designated size was 226.454 billion yuan, a year-on-year increase of 16.1%; the industrial added value was 50.513 billion yuan, an increase of 13.7% at comparable prices; the sales revenue was 223.057 billion yuan, a year-on-year increase of 17.0%; the total profits and taxes were 17.452 billion yuan, A year-on-year increase of 24.2%, of which profit was 11.706 billion yuan, a year-on-year increase of 26.7%. The city's industrial electricity consumption throughout the year was 5.364 billion kilowatt-hours, a year-on-year increase of 14.9%.

Danyang is the world's largest lens production base and is known as the "Hometown of Glasses in China". It has more than 1,300 industrial and trade companies engaged in the glasses industry and related supporting equipment, and more than 600 glasses manufacturers. The annual output of glass and resin lenses exceeds 300 million pairs, accounting for 80% of the country's total production and 40% of the world's total. It has won 5 well-known trademarks in China. In 2013, Danyang City's service industry completed investment of 7.2 billion yuan, an increase of 38.2%, and the added value of the service industry accounted for 40.2% of GDP. The service outsourcing contract value of US$26.32 million was completed, and 4 new commercial bank branches, 4 small loan companies, and 1 listed company were newly established. The loan balance of financial institutions was 47.16 billion yuan, an increase of 11.2%. A number of key projects including Tiandi Stone Carving Park, Yiyang Steel Trade City, Zhonghe Xinnong Logistics Park, Jiangsu Hongfu Logistics Park, Xiangyi Hotel, Yangtze River Danyang Wharf, and East China Building Materials City (Phase II) were completed.