Hundreds of billions of industrial plans in Hubei: Non-ferrous metals or advanced two years in advance

Yesterday (4th), Yang Zezhu, party representative and director of Hubei Provincial State-owned Assets Supervision and Administration Commission, said that Hubei Province should pay more attention to the development of central enterprises in Hubei, give full play to the role of investment platform, and increase efforts to promote the industry of 100 billion yuan. According to its analysis, the tenth-billion-dollar industry in Hubei Province is expected to be formed two years in advance.

The report of the Party Congress stated that Hubei Province will vigorously promote new-type industrialization, work hard to build a strong industrial province, speed up the construction of a modern industrial system, and vigorously implement a 100 billion-yuan industrial upgrading plan.

The reporter learned that in 2007, the automobile industry became the first industry in Hubei Province that had passed 100 billion yuan. By last year, the province had already formed 9 billion yuan in industries such as automobiles, food, steel, petrochemicals, machinery, electronic information, textiles, electric power, and building materials. Among them, the operating income of the automotive and food industries exceeded RMB350 billion, and the steel and petrochemical industries exceeded RMB300 billion.

Yang Zezhu said that currently the operating income of the nonferrous metals industry in Hubei Province has reached more than 60 billion yuan, of which only Daye Nonferrous Metals has exceeded 40 billion yuan. According to the current development momentum, non-ferrous metals are expected to become the 10th largest industry in Hubei Province. The tenth-billion-dollar industry originally planned to be formed at the end of the “Twelfth Five-Year Plan” is expected to be formed two years ahead of time. He suggested that the provincial party committee and provincial government should step up efforts to promote the 100 billion yuan industry and make Hubei Province's industry bigger and stronger.

The central state-owned enterprises ranked first in the country's total assets Yang Zezhu suggested that according to the status and contribution of the central enterprises in Hubei Province, more attention should be paid to the development of central enterprises in Hubei in the future.

He said that at present, the total assets of the central SOEs in Hubei amount to 2.5 trillion yuan, the total assets of the national central SOEs is 22 trillion yuan, the share of the central SOEs assets in Hubei Province exceeds one tenth, ranking first in the country, and the top 500 global enterprises. There are also two in Hubei. Last year, the contracted capital of the central enterprises in Hubei Province was 780 billion yuan, 32 projects were started, and the investment reached 103.7 billion yuan. More attention and support for the development of central enterprises in Hubei will play an important role in promoting the Hubei Province's strategic opportunity of “Golden Decade” and realizing prosperity and strength in Hubei.

Give full play to the investment platform In the process of implementing the one-level multi-level strategic system, Hubei Province has successively formed five major investment platforms such as Hubei Liantou. Yang Zezhu introduced that in a few short years of development, the total assets of the five major investment platforms have reached 190.8 billion yuan, and investment in Hubei Province has reached 66.8 billion yuan, bringing along social investment of 205 billion yuan and ** 55 billion yuan.

Yang Zezhu suggested that the investment platform has been established and operated, and that it should fully play its role in seizing the “Golden Decade” strategic opportunity in the future, and support the investment platform to make contributions to Hubei’s efforts to accelerate the construction of the strategic fulcrum for the rise of the central region. Promote SMEs to expand their scale and create greater economic benefits.

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