East China’s Jiangsu province has continued to increase its support for the local enterprises, helped the enterprises to develop new products, expand the markets, and achieve production and efficiency as soon as possible so that the industry above designated size has continued to recover with accelerated growth.
The latest industrial operation analysis of the Provincial Department of Industry and Information Technology shows that the industrial added value above designated size in Jiangsu increased by 1.1%, 6.1%, 6.3% and 9.9% respectively in May, June, July and August, indicating accelerated recovery significantly.
From January to August, the province reported a year-on-year growth of 3.6%, about 0.9 percentage points higher than that from January to July, and the industrial production of 13 prefecture level cities kept rising.
Major projects with high technology content and good market prospects are gradually put into operation and achieve efficiency, which will provide new impetus for achieving the industrial growth goal this year.
Along the Huanghai coast of Sheyang County, the 500kV and 220kV Hengtong submarine cable intelligent production lines are directly connected to the sea, and the 148m high high-voltage submarine cable cross-linking tower will be twisted on board.
With an investment of 3.8 billion yuan, this high-end submarine cable project has achieved a breakthrough in the 500 kV high-end submarine cable market.
After more than a year of construction, the first phase of the 50000 square meter project is about to be put into production with 2 billion yuan of orders received for national key projects.
From January to August, the investment in 450 provincial major industrial projects exceeded the plan by 9.3 percentage points, and the provincial industrial investment increased by 11.2% year on year, 0.7 percentage points higher than the national level.
The gas-insulated transmission line products independently developed by a company in Liyang are about to be sent to the construction site of the Asian Games Gymnasium.
This kind of underground transmission line saves about 200 mu of land per kilometer compared to erecting cables in the air, increases the transmission efficiency by 3 times, and reduces the use cost by 60%.
From January to August, Jiangsu allocated 1.27 billion yuan for 637 projects with the financial support of various cities and counties reaching about 6 billion yuan.
At the same time, the provincial finance has allocated 1.04 billion yuan for 196 specialized and sophisticated SME development projects, which has provided important support for the rapid recovery of the province's industry.
