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Alliance activity held to promote new energy sector

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etaizhou.gov.cn|Updated: October 16, 2023

The new energy industry alliance Party committee in the Taixing Huangqiao Economic Development Zone – located in Taixing city, in East China's Jiangsu province – held an activity on Oct 14 to discuss future development plans.

Representatives from nine industry-related companies, and government departments – along with experts and scholars in the field – attended the activity.

One highlight during the event was that the zone's management committee signed a new energy industrial project worth 800 million yuan ($110.51 million) with a new energy company from Shanghai.

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Representatives talk about the future development of the new energy industry. [Photo/WeChat account: gh_07a864197818]

In recent years, the zone has been exploring the development mode that involves the zone's Party building, top manufacturers and other companies in the new energy field.

The zone now has established the new energy industry alliance Party committee, gathering 47 companies above a designated size, or those with annual revenue of 20 million yuan or more. 

Since its establishment, the committee has organized company visits, project negotiations and investment matchmaking activities to promote the integrated development of the new energy sector.

To date, the committee has provided 180 million yuan in financial credit support to 13 supply chain enterprises. It generated industrial invoiced sales of 4.63 billion yuan in the first half of the year, up 13.5 percent from the previous year.

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