Industrial enterprises above designated size in East China’s Jiangsu province reported a year-on-year increase of 18%, 27.4%, and 43.8% in industrial sales revenue from January to August, according to the latest industrial report released by the Provincial Department of Industry and Information Technology.
The report of the Provincial Department of Industry and Information Technology shows that since the start of this year, industrial enterprises in Jiangsu have maintained a high-quality development trend with profit growth higher than sales growth and sales growth higher than industrial growth.
Changshu Tianhe Co., Ltd. has rolled off the production line the world’s first super-large-diameter hard rock vertical cutter-head that will be used in the shaft construction of the world’s longest highway tunnel "Xinjiang Wuwei Expressway Tianshan Shengli Tunnel".
With a diameter of 11.4 meters and a vertical tunneling depth of 800 meters for the cutter-head, the shield machine will move down from the top of the Tianshan Mountains and remove the broken rock while digging vertically to ensure that the super-large diameter shaft is formed at one time.
Towards the end of this year, Jiangsu will take the lead in breaking through about 40 key core technologies and products in key areas such as integrated circuits, high-end special equipment, Internet of Vehicles, and new materials, cultivate about 3,000 new growth engines, and focus on supporting the application of 40 first sets of equipment, and further promote the high-quality development of "Made in Jiangsu" products.
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. 514 major provincial industrial projects completed 73.1% of the annual investment, 6.4 percentage points ahead of the schedule.
