Business / Industries

Robust range as industry thrives

(China Daily) Updated: 2014-09-10 07:01

Robust range as industry thrives

Editor's note: Statistics showed Tianjin's eight pillar industries registered a total revenue of 2.36 trillion yuan ($380 billion) in 2013, up 12.7 percent from 2012.

The industries are aviation and aerospace, petrochemicals, equipment manufacturing, electronic information, biotechnology and modern pharmaceuticals, new energy resources and materials, light and textiles industry and national defense technology.

The aviation and aerospace, biotechnology and modern pharmaceuticals, electronic information, and new energy resources and materials industries produced 454.4 billion yuan worth of products, a 23.8 percent growth year-on-year.

Equipment Manufacturing

Tianjin's equipment manufacturing industry covers fields including traffic and transportation, dockyards, petrochemical, wind, nuclear and hydro-power generation, power transmission and distribution, construction, ports and agricultural machinery.

Big name companies including railway equipment makers CSR and CNR and China Shipbuilding Industry Corp have settled in Tianjin, giving further competitiveness to the industry.

In 2013, the equipment manufacturing industry reported a total revenue of 1.02 trillion yuan, which accounted for 38.6 percent of the city's total.

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