Jiangyin's Development Timeline

1978

Rural people start to run industrial ventures in Huaxi village, in the east of the former Jiangyin county, pioneering the millions of village and township enterprises that emerged in the 1980s and 1990s as an important part of China's economic reform.

1987

With approval from the State Council, Jiangyin county becomes a city, when the combined value of its industry and agriculture (prior to the adoption of the GDP statistical method) reaches 6.25 billion yuan ($949.37 million).

1992

The State Council approves the port of Jiang-yin engaging in international trade service.

2000

Port throughput exceeds 10 million tons.

2009

Port throughput exceeds 100 million tons.

2012

The State Council approves the establishment of Jiangyin National High Tech Development Zone.

2014

Eleven Jiangyin-based companies are listed among China's 500 strongest enterprises.

2015

GDP reaches 288 billion yuan - up 7.4 percent year-on-year - 176,000 yuan per capita.

Manufacturing's contribution to the local GDP is 55 percent, the service sector's 43.4 percent, and farming's 1.6 percent. Twelve local companies report more than 10 billion yuan in revenue.

2016

The State Council approves the National Comprehensive Bonded Zone, located in the Jiangyin Harbour Economic Development District.

(China Daily European Weekly 07/15/2016 page2)