The management office of the Xinjiang Petrochemical Industry Industry recently disclosed that in the first four months of this year, the economic operation of the petrochemical industry in Xinjiang was generally stable, with an increase significantly higher than the same period of last year. From January to April, enterprises above designated size in the industry achieved a total industrial output value of 120.898 billion yuan, an increase of 14.79% year-on-year; the industry-wide added value increased by 10.8% year-on-year, an increase of 3.8 percentage points from the same period last year. According to Shi Huizhong, deputy director of the Xinjiang Petrochemical Operations Office, the total output value of Xinjiang's petrochemical industry accounted for 54.77% of the total number of autonomous regions in the first four months, and the proportion of value added was as high as 66.82%. It is expected that in the second quarter, the economic operation of the petrochemical industry will gradually stabilize, and in the third quarter, it will achieve a steady increase, and the growth rate in the fourth quarter will accelerate. The annual steady and rapid development will be achieved, and the total output value will increase by more than 20%.
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