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河南研究:洛阳市经济及产业发展分析
Zhongyuan Securities·2024-09-09 03:49

Economic Overview - Luoyang's GDP in the first half of 2024 reached 288.99 billion yuan, contributing approximately 9.3% of Henan Province's total economic output [1] - The city's economic growth has been slowing since 2021, with growth rates falling below both national and provincial averages [1] - Luoyang's fiscal revenue in 2023 increased by 610 million yuan to 40.43 billion yuan, ranking second in Henan Province [1] Industrial Structure - The tertiary industry has maintained a share of over 50% since 2017, with the 2024 H1 industrial structure at 3.4:40.2:56.4 [1] - Advanced equipment manufacturing, new materials, and petrochemicals are the three dominant industries [1] - Emerging industries include new energy, electronic information, energy conservation, environmental protection, and biomedicine [1] Key Industrial Chains - Luoyang has identified 5 advanced manufacturing clusters and 17 advantageous industrial chains as development priorities [1] - The city is involved in 25 out of 28 key provincial industrial chains, making it one of the most extensively involved cities in Henan's industrial layout [1] Industrial Parks and Enterprises - Luoyang has 135 industrial parks, accounting for 10.46% of the provincial total, with 47,300 enterprises [2] - Notable enterprises include Luoyang Petrochemical, Luoyang Molybdenum, CITIC Heavy Industries, and AVIC Optoelectronics [2] Regional Development - The development of old urban areas is crucial for Luoyang's high-quality growth, with nearly 40% of national and provincial industrial parks located in these areas [56] - The city's historical and cultural resources are concentrated in old urban areas, facilitating the development of tourism and transportation networks [56] State-Owned Enterprises - Most of Luoyang's leading industrial chain enterprises have state-owned backgrounds, making state-owned enterprise reform a key driver for strengthening industrial chain capabilities [56] Key Enterprises - Luoyang Petrochemical: A large-scale petrochemical enterprise with a production capacity of 500,000 tons/year [36] - Luoyang Molybdenum: A global leader in tungsten, cobalt, niobium, and molybdenum production [40] - CITIC Heavy Industries: A major player in heavy equipment manufacturing and robotics [44] - AVIC Optoelectronics: A high-tech enterprise specializing in optical and electrical interconnection solutions [45]