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Huzhou's equipment manufacturing industry gains steam

chinadaily.com.cn | Updated: Apr 18, 2023

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An aerial photo of the Geely factory in Huzhou's Changxing county. [Photo/hz66.com]

Huzhou in East China's Zhejiang province recorded a yearly uptick of 9.2 percent - the fourth highest in the province - in terms of the added value of the equipment manufacturing industry in the first two months of this year.

Located in Huzhou's Wuxing district, Zhejiang Jingxing Logistics Equipment Co Ltd exemplifies the industry's robust growth momentum.

From January to February, the company's output value and sales volume rose 30 percent and 35 percent year-on-year respectively, official statistics show.

Yuan Yuefeng, general manager at Jingxing Logistics Equipment, said that the company's production lines have been running at full capacity to meet the growing orders, a result of their  market expansion efforts this year.

The company is not a case in isolation. The smart factory established by automaker Geely in Huzhou's Changxing county has also been a hive of activity.

An official at the Huzhou Municipal Bureau of Economy and Information Technology pledged that more efforts will be made to encourage companies to venture into smart equipment manufacturing like Geely.