Xinhua Silk Road: Quanzhou to build stronger manufacturing sector with sci-tech innovation

Xinhua Silk Road

PR98226

 

BEIJING, Oct. 11, 2022 /PRNewswire=KYODO JBN/ --

 

Quanzhou city of east China's Fujian Province has attached much importance to

science and technology innovation as the driving force of development to build

itself into a leading manufacturing hub with stronger capacity.

 

Quanzhou is committed to the development of the real economy. It has formed

nine industrial clusters worth 100 billion yuan respectively including textile

and clothing, footwear, food, building materials, etc.

 

In 2021, the city's GDP reached 1.13 trillion yuan, with the total industrial

output value jumping over 2 trillion yuan and the industrial added value

ranking among the top ten in China. Quanzhou is also among the first batch to

be listed as a national demonstration city of private economy and innovation.

 

Quanzhou municipal government has taken efforts in the past ten years to

promote sci-tech innovation and formulated 19 policies for industrial

transformation and upgrading as well as optimizing supply chains. In Jinjiang

city of Quanzhou, enterprises are encouraged to step up sci-tech innovation and

industrial transformation in the next two years with incentive support funds of

3 billion yuan.

 

In addition, Quanzhou has also built a batch of technology platforms with

universities, enterprises and academic institutions to help nearly 2,000

enterprises solve technical problems. These platforms have covered sectors such

as intelligent equipment, information, textile and building materials.

 

Under the support of multiple sci-tech innovation policies, the city's

industrial output capacity has soared dramatically. In the past 10 years,

Quanzhou's total industrial output rocketed up from 950 billion yuan in 2012 to

2.4 trillion yuan in 2021 while the number of industrial enterprises worth 100

million yuan increased from 1,704 in 2012 to 3,091 in 2021.

 

Currently, the high-tech industry is becoming a new engine for Quanzhou's

high-quality development. By the end of 2021, a total of 1,630 high-tech

enterprises have settled in the city. In the first half of this year, the added

value of high-tech industry above the designated size grew by 13.5 percent year

on year.

 

Original link: https://en.imsilkroad.com/p/330486.html

 

SOURCE: Xinhua Silk Road

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=431278

 

   Caption:  Photo shows the intelligent production and storage base of Fujian Hengan Group.

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