Photo: Construction on a new high-speed railway linking Shanghai and the neighboring cities of Suzhou and Huzhou was launched, a key project for the Yangtze River Delta to further boost regional integration. (Xinhua/Huang Zongzhi)
BEIJING, Sept. 11 (Xinhua) -- Key enterprises in east China's Yangtze River Delta region have recently launched four industry chain alliances covering superconducting, software and information service, digital health and artificial intelligence (AI).
Unlike the industry alliance, the industry chain alliance highlights the role of "chain", meaning those enterprises in the industry chain alliance, regardless of scale, must have their own core competitiveness in the whole industry chain, according to Tang Liang, chairman of Ossengroup which proposed the establishment of the superconducting industry chain alliance.
Zhang Jindong, chairman of Suning, a leading electronics retailer in China, said that the establishment of the alliance on the software and information service industry chain aims to promote the smooth circulation of the industry chain in the region and achieve coordinated development for platform-based and intelligent industrial upgrading.
Apart from the launch of the industry chain alliances, entrepreneurs in the region will plan to set up an industry chain fund to work with government industry funds, financial institutions, and other private investors to invest in the new infrastructure of the Yangtze River Delta integration, industry mergers and acquisitions, mixed reform of state-owned enterprises, and emerging industries, according to Nan Cunhui, chairman of CHINT Group, a Chinese smart energy solution provider.
Covering a 358,000-square km expanse, the Yangtze River Delta, consisting of Shanghai and the provinces of Jiangsu, Zhejiang, and Anhui, is one of the most populated and urbanized city clusters in China, contributing one-fourth of the country's gross domestic product. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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