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Lishui City Ranks First in Zhejiang Province in Growth Rates of Three Industrial Investment Indicators in the First Half of the Year
Date:2024-08-14 Source:Lishui Daily

Yesterday, the reporter learned from the Lishui Municipal Bureau of Economy and Information Technology that from January to June this year, the industrial investment of Lishui city grew by 38%, 27.8 percentage points higher than the provincial average; manufacturing investment increased by 26.1%, 19.9 percentage points higher than the provincial average; and investment in high-tech industrial manufacturing surged by 51.5%, 48.3 percentage points above the provincial level. All three investment indicators ranked first in the province in terms of growth rate.

Since the beginning of this year, Lishui city has seized the opportunity of large-scale equipment upgrades, focusing on projects, strengthening industries, and optimizing services, thereby achieving rapid growth in industrial investment. Firstly, efforts have been made to improve mechanisms and strengthen coordination. At the beginning of the year, the Lishui Municipal Bureau of Economy and Information Technology sorted out the annual plans for investment projects, established a three-level control system comprising “city, county, and industrial park”, and incorporated major provincial projects, provincial hundred-billion technological transformation projects, and investment projects exceeding RMB 100 million into monthly monitoring through the digital economy industry data warehouse. Green, yellow, and red cards were assigned based on the timeline progress to keep track of the visual progress of project investments in real-time.

Furthermore, Lishui city conducted a performance evaluation on 523 major investment projects initiated from 2020 to 2023, strictly implementing the “standard land” requirements. Regular assessments were made on the commencement rate, completion rate, and production rate of each major project, urging them to accelerate construction progress.

The Aima Technology New Energy Smart Travel Project, a major provincial industrial project, covers an area of approximately 504 acres with a total investment of around RMB 2 billion. Upon completion, it will establish a smart travel industrial chain capable of producing 3 million new energy electric vehicles annually, creating over 3,000 local jobs. To expedite the project’s construction, Qingtian county has set up a dedicated team to assess progress weekly while providing corresponding services. Currently, 75% of the main factory building and ancillary facilities have been completed, the supporting staff dormitory has been topped out, and 50% of the main work on the canteen has been finished.

Data indicates that from January to June this year, 27 major manufacturing projects in Lishui, designated as provincial-level projects, have completed visual investments totaling RMB 3.97 billion, accounting for 61% of the annual target.

Technological innovation is one of the key factors for enterprises to achieve steady and long-term development. Since the beginning of this year, Lishui has launched a special action of “seizing technological renovation and promoting upgrading”, promoting equipment upgrades by industry. Industries such as wooden toys and pump valves have advanced the renewal and application of complete sets of automated equipment, while the semiconductor and automotive parts industries have promoted the application of advanced equipment featuring high technology, high efficiency, and high reliability. The petrochemical industry has also undertaken the elimination and upgrading of outdated equipment.

Concurrently, Lishui city has bolstered enterprise confidence through policy support by issuing the “Overall Plan for Municipal Fiscal Policies Supporting Large-scale Equipment Renewal and Consumer Goods Trade-ins”. The municipal finance integrates special funds for “big industries” and “big scientific and technological innovations” to support enterprises in digitizing their design, production, warehousing, and operational processes. These funds also facilitate the intelligent upgrading of equipment, production lines, and workshops, with technical renovation subsidies reaching up to 18%, and an additional 20% reward for the purchase of industrial robots and intelligent manufacturing systems based on the equipment acquisition cost.

Recently, Zhejiang Xingchang Bearing Co., Ltd. secured the first enterprise equipment renewal reloan of RMB 2.5 million in Yunhe County. “The total loan amount exceeds RMB 10 million, which we will use to introduce advanced production equipment,” said Xie Wufu, the company’s general manager.

Xingchang Bearing, an established enterprise with over 30 years of experience in steel ball product research and development, is also a national “specialized, refined, distinctive, and innovative” “little giant” enterprise and a provincial “invisible champion”. In recent years, the company has actively promoted “machine substitution” and intelligent transformation and upgrading, with annual technology investment accounting for more than 6% of sales revenue. Currently, it boasts over 600 sophisticated steel ball production lines and precision testing instruments, with production processes reaching international advanced levels.

Since the beginning of this year, numerous enterprises, like Xingchang Bearing, have proactively upgraded their equipment and embarked on technological renovation, supported by the special technological renovation action and policies. As of June, the city has completed the renewal of 1,407 sets of equipment, involving an investment of RMB 1.027 billion, and disbursed RMB 260 million in special funds for “new technologies and new industries” in the field of industry and information technology.