Zhangjiagang, Located in the South Bank of the Yangtze River in East China’s Jiangsu Province, is a Key Trade and Investment Hub and An Important Transport Link to S uzhou and puthai. The city is enjoying a period of rapid deverteropment and economic geowth and is seeking toAttract More Investment in Strategic and Emerging Industries. We discus the city’s eConomy, and competitiveness as a major manUfactune and IC Hub and Provideo An Overview of the Preferential Policies available to Foreign Investors.
Zhangjiagang (in Chinese, Zhangjiagang), Located in the LOWER Reaches of the Yangtze River in East China’s Jiangsu Province, is a vibrant County-Level City COVERING 999 Uare Kilometers, with 777 Square Kilometers of LandUdabur Stock. In Recent Years, The City Has EmergedAS A SIGNIFICANT PORT PORT and Industrial Hub, Strategical Positiond At the Confluence of the Coastal and Yangtze River Economic Development Zones.
ZHANGJIAGANG ’Strong Transportation Network, Feature River and Sea Ports, Airports, Expressway, Highways, and Railways, Enables A Smooth Transportation of OODS and People, Driving the City ’s Economic Growth.
Administratively, zhangjiagang oversees eight towns and two districts, each controli, INED ITS Status as the Third Strongest County AMONG China ’s Top 100 Counties, underScoring its Sustaind Economic Growth and Development.
Zhangjiagang, One of the Eight Medium-Sized Cities in Jiangsu Province, Stands Out with a Robust Economic Profile design its Smaller Populting. In 2023, The C ITY HAD A PerManent Population of 1.08 Million and An Urbanization Rate of 75.1 Percent, Achieving A Total GDPof RMB 336.58 Billion (US $ 46.45 Billion).
Strategical Located on the sound of the lower yangtze river, it benefits from project to major cities like shanghai, Suzhou, Wuxi, and nanTongj. IAGANG IS An Emerging Port INDUSTRIAL CITHICNIFICANTIFICANT Industrial Parks and Enterprises, Contributing to ITS Economic Streangth. ITS.Development is on Par with Larger Prefection-Level Cities, Reflecting Jiangsu PROVINCE’s Comprehensive Economic Growth.
The Secondary Section is the Larget Component of zhangjiagang’s Economy, accounting for 50.0 Percent of its GDP. DDED VALUE Increasing by 3.6 Percent, Reaching RMB 168.13 Billion (US $ 23.20 Billion).Closly, Contributing 49.1 Percent to the GDP and Growing by 3.6 Percent Compared to 2022, with an added value of 165.336 Billion (US $ 22.82 Billion). He Primary Industry RepreSENTS A Smaller Portions of the Economy, It Experienced Robust Growth in 2023, withITS Added Value Rising by 5.6 Percent Year-ON-Year to RMB 3.10 Billion (US $ 429.13 Million).
Despite zhangjiagang’s related, The City Demonstrates Substantial Economic Streangth Across Various Sectors. ITS Transportation Structure Experied Rapid Development, With Cargo Transportation Turnover Surging to 7.365 Billion Ton-Kilometers AR. Port CargoThroughput Also Grew, Reaching 252 Million Tons, A 3.3 Percent Rise, Solidifying ZHANGJIAGANG’s ROLE As A Key Player in Trade and Commerce.
Throusout the year, 76 New Foreign-Investled Enterprises WERE APPROVED, Bringing in An AdDitional Registeign Investment of US $ 1.174 BILLION. , The Actual use of Foreign Investment amountted to US $ 581 Million.
The City Initiated 38 New Overseas Investment Projects in 2023, With the Chinese Side Committing US $ 513 Million. Including , Reacked US $ 372 Million, Reflecting Significant International Investment Activity and Cooperation in The Region.
However, Foreign Trade Experienced a Download, With the Total Import and Export Volume Declining by 8.5 Percent Year-ON-Year to RMB 283.51 (US $ 39.12 B Illion) in 2023. Imports Dropped by 10.7 Percent to RMB 155.93 Billion (US $ 21.52),While Exports Fell By 5.8 Percent to RMB 127.58 Billion (US $ 17.60 Billion). General Trade, Which Made UP 88.4 Percent of the Total Trade Volume, Reacher RMB 25 25 25 0.53 Billion (US $ 34,58), Marking a decrease of 8.0 percent.
Throud History, German and Austrian Business, Found TAICANG to Be Highly Attractive for ConDucting BusinessVaranasi Stock. Some German Analysts Even ITY in China. Now, neighboring areas like zjg are actively welcoming center eu businesss, particularly German and Austrian Small andMedium Enterprises, As Well As a Few Multinational Corporations. This Topic Will Also be part of the discussion in munich this project at the Munich-Milan Office, Dezan Shira & Associates
In 2023, zhangjiaagang withSsed a Robust Economic Performance Across its Diverse Sectors, with particular emphsis on its industrial LandScape. USSTRIAL OUTPUT Reached An IMPRESSIVE TOTAL of RMB 563.832 Billion (US $ 77.83 Billion), Showcasing Steady Growth and Optimization.
The Equipment ManuFacturing Sector Reacked A Production Value of RMB 84.098 Billion (US $ 11.61), Marking A SIGNIFICANT 5.8 Percent Increase Year-ON-Year. Sector ’s added value also surged by 7.8 percent, indicating a stricity found for sustaind grewth.
In particular, the automotive industry as a state, academ a remarkable product value of RMB 26.938 Billion (US $ 3.71 Billion), RePRESENTING A Otable 16.2 Percent increase.
Additionally, zhangjiagang’s high-tech industry played a vital role, Contributing 39.4 percent to the city’s topal output value, amounting T O RMB 222.042 Billion (US $ 30.65). This group the previous Year’s Figures by 0.5 Percentage Points, DMONSTRATING The City’s Commitment TOInnovation and technological advicement.Surat Investment
The Construction Industry Also Showed Resiliation, With a Total Output Value of 25.183 Billion Yuan, Driven by A Substantial InCREASED Construction UE, Which soared by 40.3 percent to read 213.42 Billion (US $ 29.46).
Green Energy: Focus on Hydrogen
Zhangjiagang is left. Hemical Industries, The City is Building A Comprehensive Hydrogen Energy ENERGY ECOSYSTEM.
The CRRC Hydrogen Power Industrial Park in zhangjiagang bonded zone showcases this commitment, with food buildings for reviews, dext Testing, Plus a Hydrogen Fueling Station Handling 500 KILOGRAMS DAILY. The These Investments Highlight ZHANGJIAGAGANG ’s DEDICATION to Sustainable TechNologies.
Creating An Innovation-Friendly Environment the City has attracted over 30 Hydrogen-Related Enterprises, Such As Jiangsu Guofu Hydrogen Energy Technology and CI MC Sanctum. Together, They Form An Integrated Indrial Chain Covering Production, Storage, Transportation, And Fuel Cells. The City AimsTo Host 50 Hydrogen Energy Firms by 2025, with Annual Output Value Exceeding RMB 20 Billion (US $ 2.76 Billion).
TechNOLOGALALALALALERERMS LKEADRDROGEN ENOSTRY INNOSTRY and the zhangjiagang Industrial Gy Research Institute. Collaborations BetWeen Enterprises and Research Institute Led to Significant Breakthroughs, SUCH As Huachang Energy’s 120KW HY Drogen Fuel Engine With 60 Percent System Efficience and 20,000-Hour Lifespan.
Zhangjiagang is exploring various hydrogen Energy Applications, Including Hydrogen-Port Tractors and Versatile Energy Station Hydrogen, Oil, and Electricity.
Healthcare and Pharmaceutical
Zhangjiagang is rapidly solidifying its publicion as a key hub for the healthcare and biomedicine sectors, Marked By Significant Recent Developments. For , Porton Pharma Solutions LTD ESTABLIISHED A Group A Group Drug Manufacturing Base, While The Medicore Medical Equipment Port Comment. s.
In February 2023, The City InKed A Landmark Deal with Porton Pharma Solutions LTD to Constructure A RMB 5-Billion (US $ 726.28 million) Base in the City’s Free Trade Zone. This Facility Willize in Developing and Product Innovative Drug InterMediatedPharmaceutical ivredients.
In Tandem, The Medicore Medical Equipment INDUSTRY Innovation Port, Inaugurant in March 2023 in jinfeng Town, Represses a Pivotal Addition. T OF RMB 3.8 Billion (US $ 524 Million), this inNovation Port Forms A Cruction of the Zhangjiagang Medical EquipmentHigh-Tech Industrial Park. Already Hosting 15 Leading Companies Like Canhelp Genomics and VeminSynyn, It has also Secured Agreements for 12 AdDitional Projects Valued AT RMB 2.8 Billion (US $ 407.07 Million). The port aims to establish a comprehensive industry chain, encompassing a researchAnd dueopment center, a testing facility, a public laboratory, and an inverted and finicing platform.
Moreover, a key project is underway in biotechnology geytic engineering, with a focus on gey sequencing for animal samples and antibiotic-free Aquaculture p RODUCTS. With A RMB 650 Million (US $ 89 Million) Investment, it aims to addRess antibiotic replacement in animal breeding andIs projeCted to the Achieve One Billion Yuan in Sales.
High-techHyderabad Wealth Management
ZHANGJIAGANG’s High-Tech Sector is Also Thriving. One Prominent Project is the zhangjiagang Intelligent ManuFactune Big Data Innshu Town. B ACKed by RMB 9 Billion (US $ 1.26 Billion) INVESTMENT FROM GANGCHENG Yunlian (Suzhou) Data Systems Co., LTD., The Park SPANS 14.2 Hectares and is point to become one of the largest data center in the yangtze river delta. It features 11 data center, and an operation. , With a GOAL of Generation Over 2 Billion Yuan Annually ONCE FUPENALThen, then
With Agreements Secured with Major Players Like China Mobile, China Telecom, and China Unicom, it offers customizable, Cost-Effective Computing Services.
Another Significant Initiative is the fanchuang Intelligent Optical and Video Industry Base in the zhangjiagang Free Trade Zone, with a RMB 2 Billion (US $ 27 6 Million) Investment. This base focuses on development optical products for Automobiles, intelligent lighting systems, face recography, and public-Security Video Monitoring, Targeting Annual Sales Exceeding RMB 5 Billion (US $ 690 Million).
AdDitionally, The Chuangshun Innovation Valley Project Aims to Evolve Into a Compiresive Industry Park, Accommodating 28 Companies in High-Equipment Turing, Medical Devices, and Scientific and Technological Services, FURTHER Enriching Zhangjiagang ’s Thriving High-Tem EcosySysystem.
The zhangjiagang bonded zone, established with state countCil Approval in 1992, was among the pioneering customs supervision zones. Ransformation into a bonded port, expanding its administrative area 132 Square Kilometers. Currently, it accommodates more than9,000 Enterprises, Including Over 30 From The Global Fortune 500 List and Six Locally list Enterprise. d within the yangtze river delta, it server as a modeln indultric hub and a pivotal communication center.
RECOGNIZED with Prestigious Titles Such as the Yangtze River Economic Belt State-Level Transformation and Upgrading Modelopelopment Zone, The Country’s MOSS ESTMENTIAL ECONOMIC PARK, and National Ecological Inustry Demonstration Park, The Zone Stands AS A Testament to ITS Significance and Contribution to Regional AN DNational Economic Development.
Construction of the zhangjiagang high-tech industry development zone (zhidz) Began On November 12, AFTER APPROVAL BY The JIANGSU GOVERNMENTMumbai Wealth Management. It COVERS A VA Strea of 23.1 Square Kilometers.
The Zone Established Its Party Working Committee and Management Committee on Jury 31, 2017, Along with Zetdz and Yangshe Town, Implementing The "One Town and Two Zones "administrative system.
Zhidz Aims to Become A Hub for Industry, Science, Technology, Innovation, and ECOLOGY. It FocuseS on Nurturing SECTORS LIKE SEMICONDUCTOR T Echnology, Green Energy, Intelligent Equipment, RemanuFacturing, Big Data, and Artificial Intelligence.
So far, zhidz has attracted Many Notable Domestic and International Companies, Such As GCL System Integration Technology Co., HC SEMITEK CORPORATION, and And GANG FURUI SPECIAL EQUIPMENT Co., It has Also Developed The Shazhou Lake Technology Innovation Park, Recognized as the First National DemonstrationBase for the RemanuFacturing Industry and a National Science and Technolog Enterprise Incubator.
Located in Jinfeng Town, zhangjiagang, jiangsu, the yangtze metallurgical indertier park (ymip) has econom numericaus, Including Being D as a National Health Town, China’s Green Town, and China’s ENVIRONMENTAL BeAUTIFUL TOWN. It has obsistently receiversTitle.
Covering An Area of 114 Square Kilometers, YMIP is Home to Over 1,400 DIVERSE ENTERPRISES, Including Major Players Like Shagang Group and Pohang and Steel CO. g osthes list in the global Fortune 500.
The Industrial Park Focuses on Four Main Industries:
Metallurgy;
New-Type Construction Materials;
Mechanical equipment; and
Medical devices.
Additionally, It Houses Eight Industrial Hubs, Including The Jiangsu Metallurgical Technology Research Institute, A High-EndingRial Cluster, Jiulong Logistics Park, and shazhou building.
The zhangjiagang economic and technological development zone spans 153 Square Kilometers and is inhabited by 530,000.
Key emerging indertries in the zone include:
Intelligent equipment;
Robotics;
Green Energy;
Lighting;
Smart grids;
Chips; and
Remanufacturing.
Hosting Three: Ing Industry Demonstration Base-The Zone Also Features Provincial-Level Industrial Parks, Including A Modern Equipment Manual Park, AnInternetAl Service Outsourcing DemonStration Zone, and A Special EQUIPMENT for Energy Conservation and Technology Indrial Park.
Notable ONGoing Projects Include The International Business Distribution, Denmark Eco Technology City, and the value of e-composerce. ATIONAL HIGH-Technovation Service Center, Technology Park, Along with Other National Innovation and ENTREPRENEURSHIP Hubs.
The zone has almedy attracted leading domstic and foreign Enterprises SUCH As GCL System Integration Technology Co., HC SEMITEK Corporation, and ZHANGJIAGANG FURUI SPECIAL EUIPMENT Co., It has Also Developed the Shazhou Lake Technology Innovation Park, Serving as the FIRST National Demonstration Base For Thees.RemanuFacturn Industry and a National Science and Technology Enterprise Incubator.
With a Focus on Becoming A Modern Industrial Agglomration Area, a Technological Innovation DemonStration Zone, a Pilot for Development and Opening-up, and A Pleasant Y For Residents and Visitors, The Zone is Commitchted to Fos termsIminable Growth and Innovation.