Recently, many regions have published their economic development reports of the first half of 2019. According to the reporter, the growth of 11 economic indicators of Jiaxing Port Zone in the first six months of 2019 ranked the first in Jiaxing like GDP, industrial output values, fixed assets investment , foreign investment actually used, etc.

 In the first six months of the year, its GDP, industrial output values and values added of the industries above the designated size accounted for 3.8%, 8.1% and 6.5% of those of the whole city respectively although its land areas just account for 1.27% of that of Jiaxing. It is small in size, but marvelous in economic achievements, which have made significant contributions to Jiaxing’s development.

 “Strive to be a pioneer in the integrated development of the Yangtze River Delta and build Jiaxing into a demonstration city in high--quality development.” It is the target set by the 7th Plenary Session (Enlarged) of the 8th CPC Jiaxing Municipal Committee for Jiaxing’s full integration into the integrated development of the Yangtze River Delta.

 Since the beginning of the year, Jiaxing Port Zone has implemented the first development strategy - Jiaxing’s full integration into the integrated development of the Yangtze River Delta, and the work deployment of the CPC Jiaxing Municipal Committee and Jiaxing Municipal People’s Government, focused on main work, made full use of development opportunities and maintained steady growth, and has achieved remarkable progress in the first half of the year.

 Grasp new opportunities to lay solid foundations for high-quality development

With a total investment of 11.5 billion yuan, the project of Ruihuatai of China Aerospace Science and Technology Corporation (CASC) for macro-molecule materials production settled in Jiaxing Port Zone on May 18, 2019. This is the first project with a total investment over 10 billion yuan of Jiaxing Port Zone. It just takes 100 days to start the construction of the project since the agreement was signed, indicating local high work efficiency and great efforts in investment and project attraction.

  Including a photoelectric material R&D headquarter and four industrial clusters, this project is engaged in the research and development of the first-class advanced polymide macromolecule. Its yearly output values are to reach over 13 billion yuan when it is put into production. 

 It will be the strongest and most excellent base in China for hi-tech new materials after it operates, which will facilitate the construction of “No. 1 Project” of Jiaxing’s digital economy and enormously support Jiaxing to build a strong digital economy city in the Yangtze River Delta.

 Since the beginning of the year, a large number of large and excellent investment projects have settled in the Jiaxing Port Zone.

  Besides the project of CASC, such projects have been attracted in the first half of 2019 as 11.9-bilion-yuan project engaged in global LEO satellites-based mobile communications and space Internet of Dongfanghong Satellite Mobile Communication Co., Ltd., 10-billion-yuan Jiaxing Lanjian Space Center, and Ximai (Jiaxing) Modern Air Navigation Park with a total investment of USD 250 million.

 In the first six months of the year, the contracted foreign investment has exceeded the target set for the year, a year-on-year growth of 122.05%. The foreign capital actually used reached 50.78% of the target, 339.76% up year on year. These two economic indicators both took the lead in Jiaxing.

 In the first six months of the year, the construction of such major projects have started as the 7.5-billion-yuan investment project from China Sanjiang Fine Chemicals Company Limited, a 2.5-billion-yuan project from Zhejiang Huahong New Material Co., Ltd., and one-billion-yuan project of Zhejiang Jiahua Energy Chemical Industry Co., Ltd. The data show the investment in fixed assets and industrial investment respectively grew by 22.0% and 42.7% year on year, both are the highest in Jiaxing.

 According to a leader of the Party Working Committee of Jiaxing Port Zone, this zone has been propelling high-quality development through high-quality investment projects, and a good business environment favorable to major projects attraction has come into being, which will forcefully drive high-quality economic development and lay a solid foundation for it.

 Foster new drivers to build Jiaxing Port Zone into a region with advanced industries along the north bank of the Hangzhou Bay

As one of the most dynamic regions in economic development, this zone has been establishing high-level industrial platforms for gathering enterprises with output values or investments up to 10 billion yuan each, and an industrial belt has been born with the yearly output values up to 100 billion yuan.

 In the first six months of the year, the industrial output values of the enterprises above the designated size totaled 39.06 billion yuan in Jiaxing Port Zone, a rise of 9.5% year on year, the highest in Jiaxing. Its growth speed of the total industrial output value has been the first in Jiaxing for three consecutive years.

 Its core industrial platforms construction has also made obvious progress. Zhapu Economic and Technological Development Zone entered top 10 (the 8^th) for the first time among 55 provincial-level development zones, 13 positions higher over the previous year. China Chemical New Material (Jiaxing) Park has entered top 30 among 676 chemical parks of the whole country for seven consecutive years and ranked the ninth in comprehensive power.  

 This zone now does not focus on the development of only major industry. It is striving to upgrade itself by fostering new industries, comprehensively improve its port, industries and urban development level and propel the characteristic and green development of its port-based industries to contribute more to the economic development of the whole city.

 At present, hydrogen energy industry has become the focus of the Zone. Supported by abundant hydrogen byproducts from China Chemical New Materials (Jiaxing ) Park, this zone is developing its hydrogen industry and building a hydrogen energy industry demonstration zone. At present, its first liquid hydrogen factory for business purposes has been established.

 Its “No. 1 Project” of digital economy is also in rapid development. This May, the production lines of two globally famous chemical projects of Deshan Chemical (Zhejiang) Co., Ltd. located in China Chemical New Materials (Jiaxing) Park started their construction simultaneously. One is to produce 4,000 tons of IPA per year and the other, 10,000 tons of TMAH a year.

Electron-grade chemical products are the basis of the digital economy. Since the beginning of the year, this zone has given play to the advantages of its chemical new material park and attached importance to the development of emerging industries like organic silicon, hydrogenated butadiene rubber, BASF electron-grade sulfuric acid, IPA, TMAH ,etc. Its digital economy scale tends to be larger. “We will spare no effort to attract leading digital economy projects with a big scale and a strong motivating force. ” said the official mentioned above.

 Aerospace industry is honored as the crown of the manufacturing industry and has been an economic development direction of the zone in recent years.

Several days ago, the workshop construction of East China General Aviation Industrial Base of Feirui Aerospace (Jiangsu) Sci-Tech Co., Ltd. has been finished, indicating the main building of its workshop has completed.  

 With a total investment of 8.67 billion yuan, this project is the first industrial project settling in Port-based Modern Equipment·Aerospace Industrial Park after it was established. The infrastructure construction of the project will be finished this October. In the last season of the year, the first plane made in Jiaxing will fly from here.

 With an area about 10.3 square kilometers, the port-based modern equipment · aerospace industry park under rapid construction is now becoming one of the most potential development platforms. In the first half the year, a large number of major projects have settled here.

 The yearly output value of the port-based modern equipment · aerospace industry park is estimated to reach 50 billion yuan in 2025. The port-based industry,like the chemical new material industry, has become a pillar industry and a new driver of the development of the park.