An aerial view of Zhangjiagang. [Photo/WeChat account: zhangjiagangfabu365]
Zhangjiagang in Suzhou, Jiangsu province, released an action plan on Jan 5 to announce its aim of surpassing 1 trillion yuan ($140 billion) in industrial output by 2026.
The plan outlines key sectors, each with a designated target. For example, the metallurgical industry is expected to achieve 380 billion yuan in output, while the advanced materials and high-end textiles sectors are each aiming for 100 billion yuan. As for emerging sectors, the goal for the semiconductors industry is 40 billion yuan and digital economy 10 billion yuan.
A pivotal focus for Zhangjiagang involves attracting leading enterprises in areas such as metallurgy, nuclear power equipment, aerospace, photovoltaics, marine engineering, and new energy. A coordinated effort across various government departments will be made to address challenges related to funding, technology, and personnel during project progression.
Furthermore, Zhangjiagang is committed to revitalizing traditional industries. Emphasis will be placed on technological innovation, product restructuring, energy efficiency, carbon reduction, and intelligent manufacturing within the textile industry.
The city also pledges to foster a first-rate business environment, actively supporting and guiding more enterprises into the ranks of the Fortune Global 500, China's Top 500 Enterprises, and China's Top 500 Private Manufacturing Enterprises.