Xinhua Silk Road: Jiangsu Kunshan accelerates development of emerging industries with investment of nearly RMB100 bln
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
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Caption: Photo shows the smart control center of Huatian Technology (Kunshan)
Electronics Co., Ltd., located in Kunshan.
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