The cities of Lianyungang and Taizhou in Jiangsu province reported a flying start in the sustained growth of the real economy in the first quarter of this year. Let’s take a look.
Sethness-Roquette Food Ingredients Lianyungang Co., Ltd. supplies 60% of the caramel color used by Coca-Cola and Pepsi in the Chinese market.
Liu Shijie, CEO of Sethness-Roquette Food Ingredients Lianyungang Co., Ltd.
"With the support of the industrial park, we basically achieved the expected sales of RMB 25 million in the first quarter, a year-on-year increase of 6%," said Liu Shijie, CEO of Sethness-Roquette Food Ingredients Lianyungang Co., Ltd..
Lianyungang Zhongfu Lianzhong Composite Materials Group Co., Ltd. has got ready to distribute more than one hundred wind turbine blades of different specifications to key national wind turbine manufacturers such as Goldwind Technology and Shanghai Electric.
Liu Weisheng, Deputy CEO, Lianyungang Zhongfu Lianzhong Composite Materials Group Co., Ltd.
"Our four production lines are producing at full capacity, which has become our primary growth engine," said Liu Weisheng, Deputy CEO, Lianyungang Zhongfu Lianzhong Composite Materials Group Co., Ltd..
In the first quarter of this year, enterprises above designated size in Lianyungang reported a total industrial output value of 82.41 billion yuan, an increase of 39.3% year-on-year. The added value increased by 27.8% year-on-year.
Since the beginning of this year, Taizhou City has vigorously promoted the acceleration and efficiency of the industrial economy.
On April 23, Jiangsu New Times Shipbuilding Co., Ltd. delivered the first 50 thousand-dwt（dead-weight tonnage） chemical tanker for the Shandong Marine Solar Project.
Great Wall Motor Co., Ltd. Taizhou Branch rolls off the assembly line a new car every 114 seconds. In the first quarter, a total of 24 thousand cars were delivered and 2,200 sets of spare parts were exported.
Luan Pengtao, production manager, Great Wall Motor Co., Ltd. Taizhou Branch
“We are expecting to deliver more than 4000 ORA cars and with sustained growth momentum in the second quarter, we will deliver 25 thousand cars," said Luan Pengtao, production manager, Great Wall Motor Co., Ltd. Taizhou Branch.
Statistics show that in the first quarter of this year, Taizhou reported 191 billion yuan in industrial invoice sales, a year-on-year growth of 38.22%. The industrial added value and industrial electricity consumption increased by 32.9%, 31.6% and 26.65% year-on-year, indicating a flying start in the first quarter.
(Source:ourjiangsu.com)
