Binhai New Area banks on intelligent manufacturing for growth

Binhai New Area in the northern port city of Tianjin is beefing up efforts to boost its intelligent manufacturing and build itself into the country's artificial intelligence model zone, a government official said.

"The area, with a cluster of domestic and foreign industrial leaders including Honeywell, Siemens, Sublue, Efy Technology and iFlytek, is expected to see its intelligent manufacturing industries accounting for over 50 percent of the area's industrial output," said Zhang Yuzhuo, Party secretary of the Tianjin Binhai New Area.

The area, which contributes nearly two-thirds of the city's GDP, is planning to expand its AI industrial scale to 50 billion yuan ($7.24 billion) by 2020, which is expected to drive growth to the tune of 300 billion yuan in related industries.