Yangtze River Delta leads in advanced manufacturing

Published: 02.10.2019 Related countries:  China China

The white paper, based on data from more than 1,300 enterprises, assesses the development of China's advanced manufacturing industry from four dimensions, namely enterprises' scale and strength, growth ability, profitability and innovation.

Yangtze River Delta region is the No 1 cluster for China's advanced manufacturing industry, with 32 percent of the top 500 companies coming from this region, according to a white paper by CCID Consulting, a leading Chinese think tank.

The white paper, published at the China International Industry Fair, showed that 51 percent of China's advanced manufacturing top 500 companies are engaged in middle- and high-end equipment manufacturing.

The top three clusters are the Yangtze River Delta, Pearl River Delta and Bohai Bay regions, with the number of enterprises in the list accounting for 32 percent, 27 percent and 26 percent respectively.

via www.chinadaily.com