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Zhangjiagang sets growth targets for industrial economy

LMS
chinadaily.com.cn|December 8, 2021

The bureau of industry and information technology of Zhangjiagang, East China's Jiangsu province, recently released its plan for the high-quality development of the industrial economy for the next five years.

 

Over the next five years, Zhangjiagang will focus on innovation-driven development, intelligent reform, digital transformation and green transformation to transform itself into a high-quality and strong industrial city.

 

By 2025, the output value of industrial enterprises above designated size is expected to see an average annual growth of 6 percent and exceed 650 billion yuan ($1018.2 billion) in 2025.

 

The output value of emerging industries should account for 48 percent of the total output value of industrial enterprises above designated size, while the output value of high-tech industries should account for 45 percent.

 

According to the plan, the city will continue to support the development of four leading industries, including new metallurgical materials, intelligent equipment, new chemical materials and high-end textiles.

 

In addition, the city will cultivate and promote emerging industries such as new energy, digital economy, biomedicine and high-end medical devices, and advanced semiconductors.