Xinghua has made dedicated efforts to accelerate the transformation of the foundry industry and promote the industry's transition towards high-end, digital, and green development.
A new smart factory built by Jiangsu Huajie Stainless Steel Products in Dainan town in Xinghua recently entered its critical period for equipment debugging and installation.
Suzhou Gongpin No.1 Network Technology in Suzhou city established a new storage center in Dainan town, a stainless-steel industry hub and the warehouse began operations on July 12.
Xinghua has established a mechanism allowing Xinghua State-owned Assets Investment Holding to invest in local townships, in a bid to boost the township economy there.
With the first batch of distributed photovoltaic power generation projects in Xinghua, being connected to the grid, the sunshine source continues to be transformed into clean electricity.
Xinghua was recently honored for being a "National Civilized City", a prestigious honor and comes in the wake of the city's designation last year as a national historical and cultural city.
The precision casting industrial park in Chenbao town has since March last year attracted four key projects worth over 500 million yuan ($68.43 million) each.