Annual output value of 169 companies above designated size in Xiangzhou's Nanping Science & Technology Industrial Park increased from 93.98 billion yuan ($14.76 billion) in 2020 to 104.14 billion yuan ($16.36 billion) in 2021, a year-on-year growth of 10.82 percent. 

Of note, the yield of the "smart" household appliance industrial chain, underpinned by Gree Electric Appliances and Guang Wei Corporation, increased by 6.73 percent year on year to 60.62 billion yuan ($9.52 billion) in 2021.

The park was named the first Guangdong Distinctive Industrial Park of "Smart" Household Appliances by the Department of Industry and Information Technology of Guangdong Province in December 2021. 

Rendering of Nanping Science & Technology Industrial Park [Photo by Zhao Zi / Zhuhai Daily]

Two 10-billion-yuan ($2-billion) clusters for "smart" manufacturing equipment and office automation and printing consumables also have taken shape. 

The "smart" manufacturing equipment industrial cluster, led by Panasonic Motor (Zhuhai) and Titans New Power Electronics, achieved a year-on-year growth of 37.68 percent in annual output value, totaling 10.8 billion yuan ($1.7 billion).

Leading enterprises such as Ninestar Corp and Print-Rite Holdings achieved total annual output of 11.72 billion yuan ($18.42 billion) with their peers in the office automation and printing consumables industry, realizing a year-on-year increase of 20.11 percent. 

Xiangzhou District has been devoting continuous efforts to optimizing business environment and preferential policies have been released to encourage companies in innovation and R&D, said Li Tengfei of Zhuhai Huaya Mechanical Technology. The park has also provided one-on-one services to companies and projects under construction.

To attract talents, awards, subsidies, and preferential housing are offered by the park to eligible employees under the Xiangshan Talent Program. Pressing issues such as living, children's education, and medical services are being well addressed.

In addition, a batch of 25 veteran companies with a strong influence and broad development prospects, including Panasonic Motor (Zhuhai), will be expanded. A total floorage of 410,000 sqm (101 acres) will be added at a cost of 2.2 billion yuan ($345.6 million).

Industrial output value above designated size of the Nanping Science & Technology Industrial Park is set to surpass 200 billion yuan ($31 million) in three to five years, according to Huang Wenzhong of the park's Administrative Committee.

By now, the park is being converted into a high-quality 45.09-sqkm (17.4-sq-mile) Ecocity with production, living, and ecology being integrated in three years. Highlighted is a blend of modern urban style and natural landscape, improved services, and prospering real economy.