Zhongshan recently introduced “The Transformation and Upgrading Action plan for Competitive Traditional Industries (2018-2020)”.

The action plan proposes Zhongshan to make breakthroughs in innovation, green development, stable industrial economic growth, intelligent manufacturing, industrial cluster development, and etc. 

In terms of stable industrial economic growth, by the end of 2022 Zhongshan is expected to achieve 160bn yuan above-scale industrial added value, with 7% average annual growth. The annual labor productivity of total workers of industrial enterprises is expected to reach 240 thousand yuan/person.

In terms of industrial cluster development, by the end of 2022 Zhongshan is expected to have 80 companies with 1-billion-level operation revenue and 4 industrial clusters with 100-billion-level output value.

In the first 7 months of the year, Zhongshan’s competitive traditional industries, mainly including metal products, food and beverage, household appliances, furniture manufacturing, textile and garment and etc, achieved 19.07 billion yuan added value, up 6.2% year-on-year and accounting 30% of the above-scale industry added value.