Quanzhou is building a powerful manufacturing sector with scientific and technological innovation

News Summary:

  • Over the past decade, the Quanzhou municipal government has been committed to promoting scientific and technological innovation, formulating 19 policies on industrial transformation and upgrading and supply chain optimization. In Jinjiang City, Quanzhou, enterprises are encouraged to strengthen scientific and technological innovation and industrial transformation in the next two years with its 3 billion yuan incentive support fund. In addition, Quanzhou has built a series of technology platforms with universities, enterprises, and academic institutions to help nearly 2,000 companies solve their technical problems.

  • Quanzhou City in eastern China’s Fujian Province has embraced scientific and technological innovation as a development engine to become a major manufacturing center with stronger capabilities. it has been very important. Quanzhou is committed to the development of the real economy. It has formed nine industrial groups worth 100 billion yuan each, including textiles and garments, footwear, food, and building materials. In 2021, the city’s GDP will reach 1.13 trillion yuan, the total industrial output value will exceed 2 trillion yuan, and the industrial value added will rank among the top ten in China. Quanzhou is also one of the first batches listed as a national demonstration city of private economy and innovation.

These platforms cover fields such as smart equipment, information, textiles, and construction materials. Supported by multiple scientific and technological innovation policies, the city’s industrial production capacity has skyrocketed dramatically. Over the past decade, Quanzhou’s total industrial output will increase from 950 billion yuan in 2012 to 2.4 trillion yuan in 2021, and the number of industrial enterprises worth 100 million yuan will increase from 1,704 in 2012 to 3091 in 2021.

Currently, the high-tech industry is becoming the new high-quality development engine in Quanzhou. By the end of 2021, a total of 1,630 technology companies have settled in the city. In the first half of this year, the added value of high-tech industries above a certain scale increased by 13.5% year on year.