Xinhua Silk Road Information Service has announced the capital city of east China´s Zhejiang Province, Hangzhou plans to develop new manufacturing that highlights the aviation industry to achieve the transformation and upgrading of its manufacturing industry, the company said.
Hangzhou, known as China´s first city in digital economy, recently promulgated a new manufacturing plan to build dual engines for the city´s economic growth, which aims to double the number of enterprises with main business revenue of 20 million yuan or above, national high-technology enterprises and industrial investment.
As a result, Hangzhou has decided to spearhead the aviation industry to embrace new manufacturing. Over the recent years, Hangzhou has formed three major platforms to lead the development, which are Aviation Industrial Park in Qiantang New District, Hangzhou Airport Economic Zone and Jiande Aviation Town.
To facilitate the industry development, Hangzhou has introduced corresponding measures in ensuring R&D, space planning and supporting industry development, said the official.
