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Intelligent transformation gives a boost to manufacturing sector in Xinchang county

By Gu Chun| People's Daily | Updated: January 8, 2021 L M S

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The China (Yuhuan) International Machine Tool Exhibition kicks off in Yuhuan, east China''s Zhejiang province, Oct. 25, 2019. Over 600 enterprises of machine tool manufacturing, smart manufacturing and industrial robots from home and abroad attended the four-day event. (People''s Daily Online/Zhan Zhi)

According to Li, the county's integration index of informatization and industrialization stood at 98.77 in 2019, and the rating of digital economy reached 90.3. It became a provincial level pilot and demonstration zone for industrial internet.

In the first three quarters last year, the county's industries achieved growth against headwinds, and the added value of high-tech industries accounted for 89.76 percent of the added value of the enterprises above designated size. The added value of the core digital economy industries above designated size reached 1.23 billion yuan ($190 million).

What's behind the great performance is constant investment on innovation. It is reported that the county's investment on R&D has accounted for over 4 percent of its GDP for five years in a row, and the number of invention patents per 10,000 people has reached 60. Sci-tech progress contributes 70 percent to the county's economic development. In recent years, the county has introduced a batch of professional technological and management teams with international views, which constantly improved its technological strength. 

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