East China’s Jiangsu province has insisted on supply-side reform to adjust and optimize economic structures for the steady growth of the economy.
The communication feeder developed and produced by Jiangsu Trigiant Technology Co. Ltd has reached world super-class level in rate and attenuation.
Last year, Trigiant invested more than 100 million yuan on the development of over 40 invention patents, enabling the sales of RF feeder maintain first place on the domestic market and double-digit growth last year. The company has also gained the upper hand in the development of the 5G communication feeder.
Jiangsu has released guidelines on the development of advanced manufacturing industry to revitalize the real economy, which has benefited a wide range of industrial sectors, including the strategic emerging industries like the communications industry.
Greater efforts have been made to promote the demonstration of city clusters in southern Jiangsu through the advancement of the Made-in-China 2025 project, a national initiative to improve the manufacturing industry.
Supportive measures have helped with the development of new generation of information technology and high-end equipment.
In themeantime, Jiangsu has expanded the scale of the emerging industries by forming a cluster effect focusing on building new energy vehicles, materials, the next generation of information technology and other key industrial clusters in a bid to build an internationally competitive manufacturing base.
With the deepening of the supply-side reform, the province’s investment on high-tech industry increased 7.9% in the first 11 months of last year, 1.5% higher than the entire industrial investment while the investment on energy-intensive sectors declined 3.6% year on year. 12.8% less investment has been made on the industrial sectors that need to phase out the backward and redundant industrial capacities.
Jiangsu has also remained to be market leaders in new materials, energy saving and environmental protection, photovoltaic, marine equipment, high-end equipment manufacturing and bio-medicine. Large industrial enterprises above the designated scale posted a profit growth of 15% year on year.