International Friendship Cities China's Zaozhuang Strengthens Industry To Promote Economic Transformation And Development

ZAOZHUANG, China , June 25, 2023 /PRNewswire/ -- Statement from the Public Information Department of City CPC Zaozhuang Committee:

In mid-May, a planning meeting for a new lithium battery and power generation line was held in Zaozhuang.

The new energy and lithium battery industry is a strategically advantageous and unique industry that Zaozhuang is actively promoting. This is the most important supporting sector in the implementation of industrial diversification, which aims to encourage the development of interdependent industries.

This year, Zaozhuang launched an industrial doubling plan to create a modern industrial system called "6+3". This system will cover advanced manufacturing industries such as high-tech machinery, high-tech chemicals, new materials, new energy, new drugs, and next-generation information technology. By implementing this plan, Zaozhuang wants to push the industrial economy towards quality development.

Taking advantage of Shandong Province's support for the agglomeration and development of lithium battery production, Zaozhuang has successfully made lithium battery production its main industry. A testament to such progress, Sunwoda Electronics Co Ltd, one of China's Top 500 Enterprises, has launched the Sunwoda Energy Battery Project and other initiatives in the Zaozhuang High-Tech Zone. It should be noted that this investment is the largest investment project in the lithium battery industry in Zaozhuang, and it took only four months from initial negotiations to signing the project.

At present, Zaozhuang has a fairly complete industry chain in the lithium battery business. A total of 116 companies are involved in the municipal lithium battery production line. Notably, the operating profit for these companies grew 118.96% year over year.

Zaozhuang regards lithium battery production as its main industry and strives to develop quality to advance together in industrial economy.

View original content for media download: https://www.prnewswire.com/apac/news-releases/international-friendship-cities----chinas-zaozhuang-strengthens-industry-to-promote-economic-transformation -and- development-301862534.html

SOURCE Zaozhuang City BPK Public Information Department

11984 人