The total investment is 4.68 billion yuan! Major industrial projects in Fengxian District will start construction in the second quarter of 2024
On the morning of May 21, Fengxian District held the opening ceremony of major industrial projects in the second quarter and the opening ceremony of Kaibao Pharmaceutical’s modern Chinese medicine intelligent manufacturing industrialization project.
It is reported that in the first quarter, the output value of designated industries in Fengxian District was 63.90 billion yuan, a year-on-year decrease of 3.8%, which was the same as the city’s average growth rate. Completed industrial investment of 3.51 billion yuan, a year-on-year increase of 9.4%. The total retail sales of consumer goods reached 15.915 billion yuan, a year-on-year increase of 8%. Completed exports were 11.27 billion yuan, a year-on-year increase of 1.4%, an increase of 0.9 percentage points higher than the city's. In the second quarter of this year, Fengxian plans to start 10 major industrial projects, covering biomedicine, intelligent manufacturing, new materials and other industries, with a total investment of 4.68 billion yuan. Among them, Kaibao Pharmaceutical's modern traditional Chinese medicine intelligent manufacturing industrialization project and Dongshan Precision New Energy Automobile Structural Parts Intelligent R&D Base Project both have planned investments of more than 1 billion yuan, and their demonstration and driving role is prominent.
The groundbreaking ceremony was held at Kaibao Pharmaceutical's modern Chinese medicine intelligent manufacturing industrialization project base. The project construction unit is Shanghai Kaibao Pharmaceutical Co., Ltd. and plans to build it into a national traditional Chinese medicine culture exhibition center. The total land area is about 103.8 acres, with a total planned investment of 1.21 billion yuan. It is expected that after reaching production, the annual sales revenue will be 1.56 billion yuan and the tax revenue will be 150 million yuan.
The relevant person in charge of Fengxian District said that in the future, Fengxian will further seize strategic opportunities and accelerate the creation of new development momentum. Focus on strengthening the "four major functions", center on the "five innovations", strengthen complementary linkage with the industries in the new area, vigorously promote new industrialization, and accelerate the "smart transformation" of the manufacturing industry. Actively promote industry to move upstairs and create more “intelligent manufacturing spaces”. At the same time, we will focus on the construction of new cities, promote the introduction of a number of major functional projects, drive regional development with key breakthroughs, and comprehensively create new competitive advantages. We will solidly advance a new round of reform to optimize the business environment, shorten the approval time limit, and implement facilitation measures such as "pile foundation first" to allow more enterprises to retain and develop well in Fengcheng and continuously stimulate the vitality and creativity of market entities.
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