Jiaxing's manufacturing sector saw strong investment growth in the first two months of this year, with a 16.5 percent year-on-year increase to reach a record high of more than 20 billion yuan (about $3 billion).

At the Jiaxing Economic and Technological Development Zone, Zhejiang Nanxin Semiconductor is accelerating the construction of a semiconductor chip packaging and testing project, with an annual production target of 4 billion chips. The project, with a planned investment of 500 million yuan by 2026, will cover 43,000 square meters, including a testing plant and R&D facilities, and significantly boost the region's integrated circuit industry.

The city's rapid progress is driven by its robust project management and support. Since the beginning of the year, 11 of 20 major provincial projects have already begun construction, with Jiaxing's municipal bureau of economic and information technology ensuring project success by refining management and resource support.

In the Pinghu Economic and Technological Development Zone, Zhejiang Qiangu Automotive Technology is advancing its 1.2 billion yuan project to build a 100,000-level clean workshop — where the number of particles with a diameter of 0.5 micrometers or larger per cubic foot of air does not exceed 100,000 — and produce 1.55 million intelligent brake systems annually. This project is expected to generate 2 billion yuan in annual output by 2027, enhancing Jiaxing's capabilities in the smart automotive sector.

The city is committed to advancing its manufacturing industry, focusing on key areas, expanding project reserves, and transforming dreams into reality, with 77 percent of the available industrial land already allocated.