Economic Overview - Jiangsu province accounts for 1% of China's land area, 6% of the population, and generates over 10% of the national GDP, maintaining the second-largest GDP in the country for several years [1][2] - The manufacturing sector in Jiangsu contributes approximately 14% to the national total, with an industrial output value of 4.66 trillion yuan [2][3] - In 2024, Jiangsu's GDP is projected to reach 13.7 trillion yuan, marking the highest growth increment in the country [2] Industrial Structure - The proportion of strategic emerging industries in Jiangsu's industrial output is expected to reach 41.8% in 2024, with high-tech industries surpassing 50% for the first time [2][3] - Jiangsu has cultivated 14 national advanced manufacturing clusters, the highest in the country, with a balanced development across all 13 prefecture-level cities [3][4] Innovation and Transformation - Traditional industries in Jiangsu are undergoing digital transformation, with over 56,000 digital projects implemented, achieving a 70.1% CNC rate in key processes [6][7] - The province has initiated a "1650" industrial system, focusing on 16 advanced manufacturing clusters and 50 industrial chains [4][6] Private Sector and Government Support - Private enterprises are crucial for Jiangsu's economic dynamism, with policies aimed at fostering a supportive environment for private investment [7][8] - The government is enhancing financial support for technology and industry, with a strategic fund of 500 billion yuan launched to boost emerging industries [12][13] Export and Market Expansion - Jiangsu companies are increasingly focusing on international markets, with significant export growth reported, such as a 13.3% increase in export revenue for a local pharmaceutical company [11] - Many firms are also exploring domestic market opportunities, particularly in high-demand sectors like precision tools [11] Future Challenges and Goals - Jiangsu recognizes the need to address challenges such as insufficient domestic demand and external pressures, while continuing to push for breakthroughs in key technologies [13]
江海奔流,“苏”写新篇