The private sector in Jiangsu province has spared no efforts to stabilize production and operation so as to boost industrial transformation and upgrading and spur the growth of the economy.
In the exhibition hall of Wanbang Digital Energy Company, the Internet charging piles that integrate new technologies such as 5G and human-computer interaction are very eye-catching.
The company has installed 230,000 charging terminals across the country to make it a leading enterprise in electric vehicle charging.
In the first half of the year, as the epidemic affected transportation, the company saw sharp revenue decline in charging service. However, with the accelerated resumption of work and production and the prosperity of the new energy vehicle market, the company's business has rebounded rapidly. With government support, the company has entered new business areas such as smart energy. From January to May this year, the company's revenue increased by 82% year-on-year.
Shao Danwei, Chairman of Wanbang Energy and Star Charge
With the strong support of the government, we have launched 500 projects in Changzhou, specifically, 100 households, 100 factories, 100 buildings, 100 charging stations and 100 vehicle capacity, making them our next big carbon neutral growth point.
Faced with the impact of the epidemic, private enterprises in Jiangsu have overcome difficulties and forged ahead to create a vast new world. The local governments in Jiangsu have provided assistance to ensure supply and increase production for enterprises, open up the industrial chain and supply chain, and give full play to the effects of fiscal and financial policies.
Pioneer Intelligence is the world's leading power battery intelligent equipment manufacturer. During the epidemic, the company faced difficulties in the supply chain, and the local government increased its support for scientific and technological research and development.
In the first quarter of this year, the company's revenue increased by 142% against the adversities while obtaining 20 billion yuan of new orders.
Wang Sanming, Chairman of Nanjing Anyuan Technology Co., Ltd.
The province has launched a special campaign for industrial Internet and intelligent digital transformation, which has helped us open up the market and ushered in an opportunity for large-scale development. We will continue to expand our scale and increase investment, so we hope that government guidance funds will increase their equity investment.
Driven by multiple factors, such as the orderly progress of resumption of work and production and the continuous and effective relief of enterprises, the private economy has shown strong vitality and full resilience. In the first quarter of this year, the province’s private investment increased by 6.8% year-on-year, and private industrial investment increased by 17.2%.
