Changzhou makes efforts to build a new energy capital in the new year

CHANGZHOU,China,Jan. 31,2023 --On January 28,Changzhou held a new energy capital construction promotionconference,with a total investment of over 47 billion yuan,and a total of 15major new energy industrial projects were signed and settled. At the meeting,10 important policies were formulated around the four aspects of industrialdevelopment,technological innovation,promotion and application,andecological construction,and proposed the following goals: by 2025,the scaleof the new energy industry will exceed one trillion yuan,and the market valueof the new energy of Changzhou sector in the capital market will exceed onetrillion yuan,according to the Information Office of Changzhou MunicipalPeople's Government.

Chen Jinhu,Secretary of the CPC Changzhou Municipal Committee,said that thepromotion meeting was determined to build a new energy capital that leads theYangtze River Delta,radiates the whole country,and has global influence.

As the birthplace of modern industry,Changzhou has always adhered to theunshakable development philosophy of establishing a city through manufacturing,strengthening the city through industry,and prospering the city throughhigh-quality. Changzhou has the most complete industrial system among similarcities. In 2022,Changzhou added 5 new energy companies with a total of 10billion. By 2025,the scale of the new energy vehicle and core componentsindustry will exceed 700 billion yuan,the scale of the photovoltaic industrywill exceed 200 billion yuan,and the scale of the power equipment industrywill exceed 150 billion yuan.

Changzhou currently has R&D platforms such as the Trina Solar State Laboratoryand the Changjiang Triangle Physics Research Center of the CAS; ShangshangCable has repeatedly filled the gap in the field of nuclear-grade cables in theworld. Since 2019,the compound annual growth rate of patent applications ofnew energy has been 39.7%,ranking among the top in the country.

In 2022,Changzhou attracted 200% more doctoral talents than 2020,and nearly30% more master's talents. The new energy automobile industry alone hasattracted nearly 6,000 talents.

Chen Jinhu said that the manufacturing industry is Changzhou's feature,advantage,and competitiveness. Changzhou will support the continuous rise ofthe city's energy level with the all-round rise of the capital of new energy,and demonstrate Changzhou's strengths,value and responsibility.