BEIJING, Dec. 19 (Xinhua) -- South China's Guangzhou city plans to further promote advanced manufacturing and its in-depth integration with modern services, lifting the value-added of the industry to reach 300 billion yuan by the year of 2021, according to the city's three-year action plan which will soon be officially released.
The plan with a time span of 2019-2021 determines that by 2021, Guangzhou will build two world-class advanced manufacturing clusters of automobiles and of ultra-high-definition video and new-type displays, the scale of which will reach 600 billion yuan and 230 billion yuan, respectively.
The city will also strive to create four national advanced manufacturing clusters, including that of new materials, urban consumption industries (smart home appliances, green food, apparels, lighting and audio, cosmetics), high-end equipment manufacturing (intelligent equipment and robots, rail transportation equipment, ships and marine engineering equipment), and biomedicine, according to the plan. By 2021, the scales of these clusters will reach 300 billion yuan, 200 billion yuan, 120 billion yuan, and 100 billion yuan, respectively.
From January to September this year, the value-added of Guangzhou's advanced manufacturing accounted for 63.9 percent of that of manufacturing enterprises with main business revenue of 20 million yuan and above (above designated size), and the output value of high-tech products accounted for 48.8 percent of the total of industries above designated size.
From January to October, the value-added of industrial enterprises above designated size increased by 4.2 percent, with actual use of investment reaching 80.396 billion yuan, up 23.8 percent year on year. The total industrial investment value ranked first in the Guangdong province and the growth rate was the third. In addition, the investment in technological transformation increased by 71.6 percent, which is the fourth fastest growth rate in the province. (Edited by Li Wenxin, liwenxin@xinhua.org)
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