East China’s Jiangsu province maintained industrial growth in the first eight months of this year, with the output value of 40 major industrial categories achieving positive growth, indicating full recovery of all sectors of the industry, according to the latest industrial operation report released recently by the Provincial Department of Industry and Information Technology.
In August, Jiangsu’s industrial enterprises above designated size reported a year-on-year increase of 7% in value added, standing for an increase of 18% in the January-August period. The industrial use of electricity, which is a barometer of industrial operation, increased by 16.5% from January to August.
From January to August, the province's industrial investment increased by 12.8% year-on-year, up 26.2 percentage points from the same period last year.
The investment in technological transformation, which focuses on intelligence and information transformation, reported the highest growth rate.
The intelligent 6-axis joint robot produced by Jiangsu Anxu Intelligent Technology Co., Ltd. shows obvious performance advantages, helping the company receive orders from major companies such as Greenpoint, Xinjieshun, and Lingsheng.
Sheyang Electronic Information Industrial Park,where Anxu Intelligent Technology Co., Ltd. Is located, has put into production a number of automotive electronics, CNC machine tools, and robotics projects, which have become an important promoter of stable growth and structural adjustment in the local area, and also provided support for the intelligent upgrade of industrial enterprises.
Small and medium-sized enterprises, which account for more than 98% of the province’s enterprises, have increased their output value this year faster than the province’s average, providing an important guarantee for the province’s steady growth and employment.
The fully insulated solid tubular busbar independently developed by Jiangsu Woneng Electric Technology Co., Ltd. has three times the service life of the original ordinary cable. It has now begun to fully replace the copper busbar in the construction of large-scale substations in the country, which has enabled Woneng has also jumped into the industry. First share.
A large number of small and medium-sized enterprises with good growth potential and strong innovation have achieved sustainable growth while integrating into the world's industrial chain and division of labor, and boosted the overall optimization and upgrading of Jiangsu's advanced manufacturing clusters.
From January to August, the province's 40 industrial categories achieved positive growth. The metallurgy, petrochemical, building materials, and machinery industries grew rapidly, and the light industry, electronics, and textile industries maintained a good momentum of development.
