Industrial clusters power Jinshan's economic growth

Jul 14, 2017

Jinshan's intelligent systems, next-generation IT, life science, and new materials sectors boomed in the first half of 2017 with a combined turnover of 34.64 billion yuan (US$5.11 billion), up 14.6 percent year-on-year.

The district continues to push for the construction of 40 major projects and streamline investment procedures to bring in more manufacturing enterprises.

In the first six months, the district registered 123 new companies with a total investment of 7.64 billion yuan, meeting 76 percent of its annual target.

The Jinshan government will focus on the development and management of industrial parks and service platforms in the second half of the year to maintain the economic growth.