Pingyang Forges Ahead as Industrial Powerhouse with Modernization Drive | |||
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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. |
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