Fifty-eight companies in Xinghua, East China's Jiangsu province, were recently included in the second list of this year's provincial specialized and sophisticated small and medium-sized enterprises, or SMEs, which develop innovative and unique products.
These recognized companies focus on specialized, refined, distinctive, and innovative development. With advantages such as deep cultivation in their segmented markets, mastery of core technologies, and high innovation capabilities, they have become a key engine for economic and social development, as well as a driving force for the promotion of new industrialization.
As of now, Xinghua is home to 191 provincial specialized and sophisticated SMEs.
Looking ahead, the city will continue to strengthen service guarantees and build a high-quality enterprise cultivation system throughout the entire chain in a bid to cultivate more similar companies.