The Changsha Municipal Bureau of Industry and Information Technology released a semi-annual report on July 19. The report showed that, Changsha’s value-added industrial output, an important economic indicator, went up 11.5% year on year in the first half of this year. The city’s industrial economy showed a trend of sustained recovery and gradual stabilization.

In the first half of this year, 213 new municipal-level intelligent manufacturing pilot enterprises were added in Changsha, bringing the total number of such enterprises to 1,200.

The value-added industrial output measures the activity of designated large enterprises with an annual business turnover of at least 20 million yuan (about 3 million U.S. dollars).

In the first half of the year, Changsha’s industrial operation remained basically stable, with strong support from major industries. From January to May, the added value of transportation equipment manufacturing (including railway, shipping, and aerospace), electrical machinery and equipment manufacturing, electronic equipment manufacturing, general equipment manufacturing, and special equipment manufacturing increased by 83.8%, 49.2%, 23.8%, 20.7% and 20.3% respectively.

The total output value of 100 key monitored industrial enterprises in the city increased by 24.3%. Among them, 80 enterprises saw positive growth in their cumulative output value.

From January to May, the city introduced 53 major industrial chain projects each with an investment of more than 200 million yuan. The total planned investment was 48.47 billion yuan.

Among them, there was:
--1 project with an investment of more than 10 billion yuan -- the China Telecom E-cloud Central and South China Digital Industrial Park Project (12 billion yuan);

--2 projects each worth over 5 billion yuan -- the Mulberry Silk Intelligent Manufacturing Project (6.17 billion yuan) and Xingsheng Youxuan National Headquarters Project (6 billion yuan); and,
--8 projects each with an investment ranging from 1 billion yuan to 5 billion yuan.

Thirteen projects invested by Fortune Global 500 companies, top 500 Chinese enterprises, and China’s top 500 private enterprises, were introduced, including the CITIC Group Seed Industry Silicon Valley Business Center.

As of June, there were 597 projects under construction in the city's industrial parks, 79 more than the same period last year. Among them, the Sany Intelligent Connected Heavy Truck Project was put into production partially. The first phase of the San’an Semiconductor Industrial Park Project was put into production at the end of June. The second production line of the HKC Project completed installation and debugging, and entered the trial production stage at the end of May. The construction of projects including Zoomlion Smart Industrial Town, Sunward Industrial Town Phase III, Gree Refrigerating and Washing Appliances, and Yongshan Lithium Industry has been accelerated.

In May this year, Changsha was approved as one of China’s first 6 pilot cities for the coordinated development of smart city infrastructure and intelligent connected vehicles, becoming the only city in China to obtain 4 “national titles” in the field of intelligent connected vehicles.

Source: en.changsha.gov.cn