White elephant economy

North Baixiang Town is separated from Wenzhou City by a bridge, Zhejiang Electrical Industry Professional Zone, with a population of 65,438+10,000, is a provincial civilized town demonstration site. In 2006, the total industrial and agricultural output value of Beibaixiang Town was 65.438+0.295 billion yuan, up 65.438+06.7% year-on-year. The total tax revenue was 673 million yuan, a year-on-year increase of 16.7%. Fiscal revenue1.1.50 billion yuan, up 16.2% year-on-year. The export supply value of foreign trade is 2 1 100 million yuan. The annual per capita net income of farmers 1.2 1 ten thousand yuan. The comprehensive economic strength ranks 167 among the top 1,000 towns in China, 30th among the top 100 towns in Zhejiang Province and 7th among the top 30 towns in Wenzhou. There are 242 enterprises above designated size in the town (including 8 enterprises with an output value exceeding 100 million yuan/kloc-0), with an output value of 9.645 billion yuan, up 9.5% year-on-year. The total industrial economy ranks second in Yueqing. Science and technology investment of 500,000 yuan, the establishment of two science and technology demonstration bases. Enterprise technology was patented 128. Add 1 national well-known trademark. Self-export11.90 billion yuan, up 2 1.9% year-on-year. The contracted foreign capital is 7.75 million US dollars, the actually utilized foreign capital is 654.38+590,000 US dollars, and the actually utilized domestic capital is 654.38+800,000 RMB yuan. The town has formed six industries: low-voltage electrical appliances, electronics, furniture, clothing, machinery manufacturing and building materials, among which the proportion of electrical appliances and electronics accounts for 40% and 30% of the town's industrial output value respectively.