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Pingyang Forges Ahead as Industrial Powerhouse with Modernization Drive
Date:2025-05-30 15:37:32 Source:Wenzhou·China Fonts:[ Large Medium Small ]

Pingyang County's industrial strength continues to draw international demand, with 10 pet product manufacturers securing $4.6 million in intent orders at Bologna Pet Fair (Italy), while 12 printing firms landed $5.8 million deals ahead of Saudi PrintPack. These successes spotlight the county's resilient manufacturing ecosystem.

Designated a “National Industrial Powerhouse County” (ranking 92nd in China's Top 100 Industrial Counties and 57th in Innovation Index per 2024 reports), Pingyang has prioritized industrial growth through:

Cultivating specialized clusters: printing equipment, auto parts, advanced packaging materials, and pet supplies

Scaling enterprises: 887 above-designated-size firms including 155 with ¥100M+ output, 16 exceeding ¥500M, and 7 topping ¥1B

The transformation from an underdeveloped area to an industrial leader stems from decades of project-focused development. Key strategies include:

“Anchor Project Initiative”: County-town-taskforce recruitment system for industrial chain enhancement

12 industry matchmaking events in 2025, engaging 400+ firms across three core sectors:

Smart Equipment: ¥5.32B output

New Materials: ¥5.20B

Fashion Tech Manufacturing: ¥8.01B

Innovation infrastructure forms its modernization backbone:

Pioneering "4-Stage Incubation" (Makerspaces → Tech Incubators → Accelerators → Innovation Parks)

Tiered incentives: startup subsidies → growth-based rental discounts

Business ecosystem optimization features:

"1+6+N" Enterprise Service Network: County hub + 6 industrial-town centers + N park stations

60+ on-site administrative services per center

43 government-business dialogues resolving 216 issues (2024)

Testimonials like Mingliang Paper Machinery—rescued by Wanquan Town's SME Center during relocation and now dominating 80% domestic market—validate this approach.

Looking ahead, Pingyang County Three-Year Action Plan for Industrial Economic Enhancement and Development (2025-2027) targets ¥85B in industrial output by 2027, with Wanquan Town and Binhai New Area positioned as dual industrial hubs along Feiyun River's south bank.