In line with the process of economic development, Jiangsu will continuously
spur and expand its four pillar industries, i.e. machinery, electronic,
chemicals and automobile during the 9th Five-year Plan period. Industries above
mentioned have
enjoyed large markets and high market share. These industries had
obvious advantages and characteristics not only in their production quantity,
but also in their products quality, technology-exploitation, creative ability
and sales system.
The output of machinery industry in Jiangsu ranked first in our country in
1995. During the 9th Five-year Plan period, numerical controlled machine tool
and numerical controlled system, engineering and construction machinery, farming
machinery, motive power machinery and complete sets of special purpose machinery
will be the emphasis of the development in Jiangsu. By the end of the 9th
Five-year Plan period, the added value of machinery industry will have reached
RMB 123 billion yuan with a growth rate of 14% per year and will have reached
13.5% of
the GDP of the whole province.
The output of the electronic industry ranked second in our country in 1995.
During the 9th Five-year Plan period, Jiangsu will accelerate its technological
development; actively develop sino-foreign cooperation and joint ventures;
promote the industrialization of new and high-tech products, digitization of
video and audio products and integration of components. Jiangsu will also lay
emphasis on the development of modern telecommunication facilities, computers,
software and new style digitized electronic consumption goods for family use. By
the end of the 9th Five-year Plan
period, the added value of electronic industry will have been RMB 27
billion yuan with a growth rate of 22% per year, reached 3% of the GDP of the
whole province.
The output of chemical industry in Jiangsu ranked second in our country in
1995. During the 9th Five-year Plan period, the emphasis will be laid on the
development of petrochemical and fine chemical industries. With alkene and
aromatic hydrocarbon as the main raw materials, Jiangsu will accelerate the
development of synthetic organic chemical materials, driving the development of
fine chemicals. By the end of the 9th Five-year Plan period, the added value of
chemical industry will have been RMB 67.5 billion yuan with a growth rate of 16%
per year and have reached 7.5% of the GDP of the whole province.
The output of auto industry ranked forth in our
country in 1995. During the 9th Five-year Plan period, auto industry will adhere
to the guiding principle of starting at a high point, large batch quantity,
specialization and high quality, import foreign advanced technologies,
vigorously utilize foreign investment, speed up the cooperation and joint
venture with large foreign corporations and accelerate the unification and
restructuring within these industries to form an economy of scale. The key
products to be developed are light and mini vehicles, large and medium size
coaches, motorcycles and key part of vehicles and motorcycle such as engines,
casting and forging. By the end of the 9th Five-year Plan period, the added
value of auto industry have been RMB 22.5 billion yuan with a growth rate of 27%
per year and have reached 2.5% of the GDP of the whole
province.