...

News serves as a comprehensive source of information, offering details on recent developments, financial performance, strategic initiatives, product launches, partnerships, and leadership changes. This wealth of information enables individuals to gain a deeper understanding of the company’s overall health, its market position, and its future trajectory.

The central city has passed through the cycle, where is the value increment of Nanjing?

 In the new development cycle, the city needs to find new value increments, where is the increment in Nanjing?
○ In June last year, Nanjing issued the “Three-Year Action Plan for Strengthening the City by Industry”, entering a new cycle of leading the city’s development with “strengthening the industry” as the baton.01How to understand Nanjing’s manufacturing industry○Just as the judgment of people is easily limited by their appearance, the outside world also has a stereotype of Nanjing, which is “soft” and “literary”, and Nanjing’s “hard” and “rigid” have not yet been widely recognized and disseminated.
○Nanjing is one of the top 10 economies in China and one of the top 10 in the manufacturing industry. In the list of “2023 Top 100 Advanced Manufacturing Cities” released by CCID Research Institute under the Ministry of Industry and Information Technology, Nanjing’s comprehensive strength in manufacturing ranks eighth in the country. Industry, especially manufacturing, is a new addition to Nanjing’s re-established urban value.
○ This year, the Ministry of Industry and Information Technology announced the addition of new national manufacturing individual champion enterprises, 13 new ones in Nanjing, the first in the province and the fourth in the country, and the cumulative number of listings ranked among the top ten in the country.
○ There are more than 10,000 steel production enterprises in China, of which 30 have a production capacity of 10 million tons, and Nanjing’s Nanjing Iron and Steel and Meigang occupy two of the 30 seats. As of July, Nanjing’s two major steel companies have maintained profits.
○ After the change of the actual controller, Nanjing Iron and Steel Co., Ltd. handed over the first “interim report card”, the half-year performance grew against the trend by more than two percent, and the main steel industry of Nanjing Iron and Steel maintained a high level of profits, of which thick plates and special steel long products are widely used in oil and gas equipment, new energy, ships and marine engineering, automotive bearing springs, construction machinery and rail transit and other fields, and high-end manufacturing customers account for a large proportion. In addition, as a leading full-process steel conglomerate in China, Nanjing Iron and Steel has developed diversified steel-related industries such as mining and environmental industries, and has obtained considerable benefits.
○ Since July last year, Meigang has been profitable for 12 consecutive months. Meigang vigorously develops steel for new energy vehicles, breaks technical barriers, launches high-strength steel with performance benchmarking or even surpassing the international first-class level, and has successfully developed a new generation of high-TI wheel steel, 700MPa and above automotive steel, etc. At the same time, to develop the user customization market, in the first half of this year, the sales of home appliance boards increased by nearly forty percent over the same period last year.
○ The traditional pillar industry has always been the ballast stone of Nanjing’s economy. In 2023, the total output value of the city’s four key industries of petrochemical, electronics, automobiles, and iron and steel will exceed 900 billion yuan, accounting for 60.3% of the city’s total, of which the output value of the steel and petrochemical industries will account for more than 20% of the city’s total industrial output. Last year, Nanjing clearly proposed to consolidate and upgrade the four pillar industries, and each industry has clarified the promotion direction, specific projects and responsible subjects, and the ballast stone is now more important.
○ This spring, the Jinling Petrochemical high-end daily chemical project with a total investment of 11 billion yuan officially started construction, and Nanjing has built the first domestic daily chemical new material industrial cluster from petroleum raw materials to end products, comprehensively promoting the extension of the traditional chemical industry to fine chemicals.
○ With a total investment of more than 20 billion yuan, Nanjing Yangzi Yangba olefin project is a technical upgrading and reconstruction project with an annual output of 1 million tons of ethylene and the integration of downstream new materials, which will greatly promote the renewal and upgrading of Nanjing’s chemical industry.
○Nanjing Jiangbei New Material Science and Technology Park ranks among the top three chemical parks in China in terms of economic scale, and is the world’s largest production base of acetic acid and derivatives, the world’s largest production base of liquid methionine, and the country’s main production base of epoxy and derivatives.
○ Heavy industry is the foundation of Nanjing’s industry, and the development of advanced manufacturing industry with high added value and the promotion of emerging manufacturing industry to the forefront of technology are urban increments. Among the three provincial capitals in the Yangtze River Delta, Nanjing will lead the industrial added value in 2023 with 501.545 billion yuan, accounting for 28.8% of the city’s GDP, which is also the highest among the three cities.
○ In the first half of this year, Nanjing’s industrial added value above designated size increased by 5.1%, ranking sixth among the top ten cities in terms of GDP in China.

02Promote six industries of more than 200 billion yuan in depth○ There are six innovative industrial clusters with an annual business income of more than 200 billion yuan. In 2023, the output value of Nanjing’s strategic emerging industries will account for 42.2% of the industrial proportion, the revenue of software and information service business will exceed 800 billion yuan, the smart grid will reach more than 300 billion yuan, with a growth rate of 8% and 7% respectively, and the growth rate of intelligent manufacturing equipment, new energy vehicles, new materials, and biomedicine will reach double digits.
○ There are nearly 300 enterprises above designated size in Nanjing’s new energy automobile industry chain, and 7 vehicle enterprises have new energy vehicle production qualifications and capabilities. In 2023, the output of new energy vehicles will be 201,000 units, a year-on-year increase of 25.6%, and the revenue of the new energy vehicle industry chain will reach 240 billion yuan, a year-on-year increase of 18%.
○ As a national battery swap pilot city, Nanjing issued the group standard of “Technical Specifications for Battery Swap Battery Pack System for Pure Electric Heavy Trucks”, which became the first battery swap battery pack standard for pure electric heavy trucks in China, which solved the problem that heavy trucks cannot be interchangeable with multiple brands, models and cities, and took the first step towards the commercialization of local battery swap pilots. At present, there are a number of brands, including Kaiwo, Foton, Dongfeng, XCMG, Yutong, Shaanxi Automobile, Sany, etc., covering more than 50 models of tractors, muck trucks, and cement mixer trucks that are suitable for Nanjing standards.
○ It is expected that Nanjing is a pilot city for the application of intelligent networked vehicles “vehicle-road-cloud integration”, and a few days ago, Nanjing held a press conference on the application of pilot policies, announcing that by 2026, the city’s intelligent networked vehicle road test and demonstration application will be fully opened, and the intelligent transformation of key intersections will exceed 97% of the traffic signal networking rate; We will build a city-level cloud control platform with a unified architecture, build more than 50 demonstration application scenarios, and achieve a total annual revenue of more than 300 billion yuan for intelligent networked new energy vehicles……
○ In the field of biomedicine, there is a lot of news related to Nanjing companies. Recently, Triassic and BioNTech SE, a next-generation immunotherapy company pioneering oncology and other severe disease treatments, have entered into a research collaboration and platform technology licensing agreement to jointly develop oral RNA drugs based on 3D printing drug technology, and Triassic is expected to receive a total of more than $1.2 billion in cooperation fees, as well as potential future tiered sales royalties, which is the first international cooperation of technology platform in the history of Chinese formulations.
○Triassic is one of the 1,032 biomedical high-tech enterprises in Nanjing, which has built a complete industrial chain from the upstream raw material production and supply, to the midstream product R&D and manufacturing, and then to the downstream batch and retail circulation. Since the beginning of this year, 55 new approved drugs have been approved, accounting for 1/3 of the province, and two Class I innovative drugs of Zhengda Tianqing Shunxin and Shenghe Pharmaceutical have been approved for marketing, and there are currently 8 Class I innovative drugs in the city, ranking among the top in the country.
○Nanjing’s biopharmaceutical industry is characterized by a certain first-mover advantage in the field of genes and cells: GenScript is the world’s largest gene synthesis supplier, with a global market share of more than 30%, and the cell therapy products developed by IASO Biotech and Legend Biotech have been approved for marketing at home and abroad, with 28 pipelines approved for clinical trials, and a number of CAR-T and stem cell products have entered the phase II and III clinical stages; Jiangbei New Area Medicine Valley ranks among the top five biomedical parks in China.
○ In the field of intelligent equipment scrambled by various places, Nanjing’s Estun is the enterprise closest to the “four families” of foreign industrial robots, and has ranked first in domestic brand shipments in the Chinese market for five consecutive years.

03R&D and innovation are the background colors of industrial development
○ In many fields, R&D and innovation are the increments that Nanjing needs to rely more on.
○ In the traditional industry, Nanjing Iron and Steel has more than 100 products that have reached the international leading level, and are the key special steel materials in hundreds of super projects such as Baihetan Hydropower Station and Zangmu Bridge of Lalin Railway. In March this year, Meigang’s “Wheel Steel 1953” product passed the certification and entered the ranks of international mainstream wheel steel material suppliers. The innovative power of the two steel enterprises is not only reflected in the products, but also runs through the whole process of production.
○ The production and operation of Nanjing Iron and Steel are all carried out on the digital twin system and visual operation platform, becoming the first batch of “digital pilot” enterprises in the country, and its technical competitiveness ranks 10th among global steel enterprises. Meigang has embedded 5G technology into the core production process of steelmaking from blast furnace smelting to steel rolling, creating the country’s first “5G + digital continuous casting” model project.
○ “Intelligent Transformation, Digital Transformation, Network Connection”, Nanjing has unique advantages and is expected to become the home of the huge market. Nanjing’s software and information service business revenue will reach 800.2 billion yuan in 2023, with 3,510 key software-related enterprises, including 128 listed companies and 8 of China’s top 100 software enterprises.
○ Not only that, but also a number of leading enterprises in the subdivision track have been run out from Nanjing, such as Les Information in the field of intelligent transportation air traffic control, Yunmanman, Fuyou Truck, Zhongchu Zhiyun in the field of logistics, as well as Yihui Information in the field of basic software to develop industrial-grade operating systems, and Keyuan Wisdom to serve large-scale manufacturing enterprises.
○On August 6, the McDonald’s China Research Headquarters in Xuzhuang Software Park was officially opened. McDonald’s China plans to invest 4 billion yuan in digital R&D and innovation in five years, which will become the smart brain of more than 6,200 McDonald’s restaurants in Chinese mainland.
○ Recently, with the successive disclosure of statistical bulletins and permanent population data in various places, a number of self-media have calculated the per capita GDP and per capita income of inland cities, and both of them Nanjing ranked among the top ten.
○ Everything is difficult at the beginning, make up your mind to do it, enter a new industrial cycle, and strive to improve the quality and efficiency of Nanjing’s development.

Facebook
Twitter
LinkedIn
Telegram
Graphic design - Design

An accelerator for your business development, helping you to quickly integrate into the Lishui economy.

Services

Head Office