Home>News

Nangang Science Park sees strong industrial growth in H1

Updated: 2020-09-01

|

(hefeihightech.chinadaily.com.cn)

Print

微信图片_20200901144700.jpg

Nangang Science Park. [Photo/WeChat account: hefeigaoxinfabu]

The total output value among industries above designated size in Nangang Science Park hit 13.6 billion yuan ($1.99 billion) in the first half of the year, up 61.1 percent year on year.

The total output value among strategic emerging industries in the park was 5.13 billion yuan in the first six months, representing a year-on-year increase of 70 percent.

In addition, the park generated 636 million yuan in tax revenue, a year-on-year increase of 33.89 percent.

The increases show that the park has managed to overcome many challenges posed by the COVID-19 epidemic and that its efforts to upgrade its local industries have seen strong results.

The park has formed three major industrial clusters centering on automobiles, home appliances, and modern logistics, respectively, and is now promoting the development of artificial intelligence, smart manufacturing, and big data–related industries as it seeks to digitally transform its local traditional industries.

Continental, a German tire company, has a factory located in the park, which had produced 50 million tires by Aug 11. According to the factory, after some digital upgrades, it is expected to play a more important role in Continental's Asian operations.

A big data industrial park is also currently under construction in Nangang Science Park. It will serve as a large-scale data center with 16,000 standard cabinets and internet bandwidth of up to 20,000 Gbps.