In the first half of this year, the economic operation in Qianshan, Liaoning province, showed signs of stabilization.
Local administration of statistics said that the accumulative inventory of industrial enterprises above designated size valued at 30.77 billion yuan in the first half, down 8.1% year on year. Fewer inventory makes it easier for the industrial enterprises to survive the market.
At the beginning of this year, the inventory of those enterprises valued at 29.59 billion yuan, down 1.9% year on year.
The volumes of inventory of steel, cement, and rubber tires have all decreased.
The steel inventory decreased 1.2% year on year to 804,000 tons; cement inventory lessened 3.4% to 156,000 tons, and rubber tire inventory dropped 30.4% to 309,000 tons.
Inventory of yarn and cloth decreased 30.8% and 21.5%, respectively.
In addition, the turnaround period of finished goods of those industrial enterprises was 21.1 days in the first half, 0.4 day fewer than the same period of a year ago.
