Taiyuan, capital of North China's Shanxi province, will accelerate the construction of a national advanced manufacturing hub this year.
The city aims to realize a 6-percent increase in the added value of its industrial enterprises above designated size – those with annual revenue of 20 million yuan ($2.8 million) or more. It also strives to establish 150 new industrial enterprises above designated size.
Taiyuan will focus on the development of industries such as high-end metal materials, advanced carbon-based materials, advanced biomaterials and biopharmaceuticals, and special machinery for mining and engineering. Other highlighted industries include special equipment for transportation and aviation, energy-saving and environmental protection equipment, new-generation semiconductors, new-generation information technology, intelligent terminals, and new energy.
Through policy optimization, technological innovation, upgrading, matchmaking, and project construction, Taiyuan plans to foster the growth of billion-yuan enterprises in these industries, which will in turn support the city's development.