Construction on major investment projects is in full swing in various parts of the province. Let’s take a close look.
In the first half of this year, Jiangsu's industrial investment increased by 4.2% year-on-year, of which industrial technology investment increased by 10.1%.
At Sinoma Fuining Wind Power Blade Co., Ltd., a group of offshore wind turbine blades has set a national record with its length of 85.6 meters long and its capacity of 8.6 megawatts. The cost is reduced by 20% due to the replacement of carbon fiber materials with all-glass fibers.
Sinoma Funing Technology Suining Wind Power Blade Co. Ltd is aiming at the opportunity to upgrade the world's wind power blade technology by launching the third phase of the investment project this year.
These high-power wind turbine blades have been in short supply due to the more advanced technology and higher quality. Once the project is fully operational, it will boast an annual output of 1000 sets of high-power wind turbine blades, making it the largest wind turbine blade production base in China.
Wang Peng, CEO of Sinoma Funing Technology Suining Wind Power Blade Co. Ltd
It is expected that the annual sales will double this year and the orders from domestic and foreign clients have been filled for the next year.
114.6 billion yuan has been invested on 402 large investment projects since the start of this year, accounting for 61.6% of the total and 11.6% faster than the scheduled time frame.
92.9 billion yuan has been injected into emerging industries, accounting for 81.1% of the total and constituting 62.3% of the annual plan.
171.6 billion yuan has been poured into 863 advanced manufacturing clusters, making up 57% of the annual entirety.
Based on the current progress, 134 of the major industrial projects at the provincial level will be completed and put into operation at the end of the year, which will produce new sales income of more than 185 billion yuan and new profits and taxes of 28.7 billion yuan and provide a steady stream of power support to stable industrial growth against the downward pressure.
Zhou Yibiao, deputy director of the provincial department of industry and IT
We have focused on cultivating advanced manufacturing clusters to improve the controllability of manufacturing industry as a main direction. We have made new progress in cultivating new kinetic energy and transforming growth momentum. Our new technologies and new products are widely used and emerging industries have maintained stable development trend to provide more stable supporting force for growth.
Driven by major industrial projects, the added value of Jiangsu's high-tech industry increased by 6.4% in the first half of this year, and the sales of strategic emerging industries increased by 8.2% year-on-year, both higher than the average level of industrial increase of the enterprises above designated size.
（source：ourjiangsu.com）
