Xinhua Silk Road: Jiangsu Kunshan accelerates development of emerging industries with investment of nearly RMB100 bln

Xinhua Silk Road

PR93118

 

BEIJING, Nov. 17, 2021 /PRNewswire=KYODO JBN/ --

 

98 emerging industry projects involving a total investment of 98.06 billion

yuan were recently  signed and settled in the city of Kunshan in east China's

Jiangsu Province, showing the surging momentum of Kunshan's industrial

innovation and transformation.

 

The emerging industry projects signed cover a wide range including advanced

computing, artificial intelligence, intelligent manufacturing, aerospace,

biomedicine, new materials and other emerging industry fields.

 

As China's first county-level city with an industrial output value of over one

trillion yuan, Kunshan topped the ranking of China's Top 100 County-Level

Cities by comprehensive strength for 17 consecutive years.

 

Kunshan is now vigorously developing emerging industries, focusing on new

display, new intellectual manufacturing, new medical, new energy, new materials

and new digital, and accelerating the construction of a modern industrial

system.

 

The city has attracted many famous enterprises to invest here. Located in the

Kunshan Economic and Technological Development Zone, Td Automotive Compressor

(Kunshan) Co., Ltd. (TACK), a company producing the Toyota Denso air

conditioning compressor, has invested 77 million U.S. dollars in Kunshan. The

company placed the group's first new energy vehicle air conditioning compressor

project in Kunshan because of the obvious advantages of the city's location,

the supporting policies and also excellent business environment, according to

Fujii Akira, the general manager of TACK.

 

The development of emerging industries cannot be separated from a high-quality

industrial ecology. Kunshan launched a total of 10 billion yuan of industrial

development investment fund, focusing on high-quality enterprises of leading

industries, emerging industries and other areas, also with the emerging

industry cooperation institution established.

 

In the future, Kunshan will focus on the development direction of emerging

industries, comprehensively improve the total amount, quality and innovation

capacity of emerging industries in Kunshan, making every effort to build a

highland of emerging industries with global competitive advantages.

 

original link: https://en.imsilkroad.com/p/324886.html

 

SOURCE: Xinhua Silk Road

 

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=407890

 

   Caption: Photo shows the smart control center of Huatian Technology (Kunshan)

Electronics Co., Ltd., located in Kunshan.

 

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