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INGDAO will enhance innovation and upgrading of its industrial economy in the next five years, aiming at a 2-trillion-yuan gross industrial output by the end of 2015.
The city expects to have 10,000 industrial enterprises and also envisages industrial added value of 500 billion yuan, 100 billion yuan in profits and a profits-plus-tax turnover of 200 billion yuan for the industrial economy by the end of 2015.
The city will give full support to the development of high-end industries in the next five years, striving to achieve total output value of 1.8 trillion yuan from home appliances, petrochemicals, automobiles and locomotives, shipping and marine engineering, textiles and clothing, food and beverage and steel industries.
In addition, the total output value of emerging industries — new energy, new materials, bio-medicine, energy conservation and information technology — were expected to exceed 200 billion yuan by the end of 2015.
The city will develop a service-oriented manufacturing industry, sparing no effort to foster the name-brand economy in home appliances, petrochemicals, rubber tires, rail transport equipment and containers, as well as branded products in shipping, marine engineering equipment, tunnelling machinery and marine medicine.
Enterprises will be encouraged to increase input into technology research and development, as well as set up technological centers. By the end of 2015, the city’s annual trade volume through e-commerce will surpass 200 billion yuan.
The city will upgrade industry by making better use of information technology, aiming to foster a cluster of industrial parks, model enterprises and demonstration projects with an effective application of information technology.
In addition, small, medium and large enterprises are expected to develop hand in hand in the next five years, forming a strong industrial fleet.
The city aims to build 50 industrial parks each with an output value of over 5 billion yuan, relocating 110 enterprises in the old urban area.(Martin Li, Lin Gang)
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