East China’s Jiangsu province will launch 450 major industrial investment projects with a total investment of over 1 trillion yuan, according to the "List of Major Industrial Projects in Jiangsu Province in 2022" released recently.
Among the major provincial industrial projects to be implemented this year, large investment projects will play a more significant supporting and leading role.
More than 60% of the investment projects will register individual investment of more than 1 billion yuan. More than 10 billion yuan will be invested in more than 20 projects. Projects with individual investment of more than 1 billion yuan will account for more than one third of the total.
950 billion yuan will be invested in nearly 400 investment projects concentrated in advanced manufacturing clusters, accounting for nearly 90% of the total.
Changzhou-based Jiangsu Hengli Hydraulic Co., Ltd., a leading enterprise in hydraulic engines in China, will start producing linear drives this year.
Li Dongming, Manager of Intellectual Property Management Department of Jiangsu Hengli Hydraulic Co., Ltd. said, "This project will further improve
China's manufacturing level in the field of high-precision basic parts. The products will greatly meet the needs of various high-end equipment manufacturers for high-precision basic parts and promote industrial upgrading and development."
Huatian Technology Nanjing Co., Ltd. will introduce 1,448 sets of advanced equipment for its storage and radio frequency integrated circuit packaging and testing industrialization projects, with an annual production of 1.3 billion integrated circuits.
The large-scale high-end medical equipment and core parts production project of United Imaging Changzhou Medical Technology Co., Ltd. will begin to produce advanced medical equipment including digital medical X-ray photography system and magnetic resonance imaging system.
This year, Jiangsu plans to invest over 260 billion yuan in major industrial projects, laying a solid foundation for promoting the high-quality development of the province’s advanced manufacturing industries.
