– Xinhua Silk Road: The ancient industrial city of mainland China sees modern transformation through high-quality development
BEIJING, May 29, 2023 /PRNewswire/ — As a major industrial base in the central Chinese province of Hunan, the city of Hengyang has been promoting the transformation of its manufacturing sector towards smart development in recent years, with value chains high-level and high-precision technologies.
Accommodating 37 out of 41 industrial sectors, Hengyang is one of the cities with the most comprehensive industrial categories in Hunan. Thanks to its continuous efforts to underline the quality of manufacturing, the city’s gross domestic product (GDP) exceeded 400 billion yuan (about 56.56 billion U.S. dollars) for the first time in 2022.
By emphasizing advanced manufacturing as the city’s pillar industry, Hengyang has been promoting the transition of its major sectors toward high-end development, intelligent upgrading, and integrated growth.
For example, the city has remained a leading force in the energy transmission and transformation sector that is enabled by 5G technologies. Hengyang Smart Valley has been constantly supporting the upgrading of local enterprises, boosting the settlement of smart manufacturing units, production lines, and plants.
Driven by the innovative efforts of traditional local firms such as Hengyang Valin Steel Tube Co., Ltd. (HYST) and Hengfei Cable Co., Ltd., as well as young companies such as Kaixin Special Material Technology Co., Ltd. and Hengyang Huayi Machinery Co. ., Ltd., the city is experiencing strong momentum and vitality of industrial development.
TBEA Hengyang Transformer Co., Ltd. has been involved in the construction of 28 ultra-high voltage (UHV) alternating current (AC) and direct current (DC) projects. By undertaking a series of key scientific and technological research tasks, the company has been involved in multiple major energy projects, including the world’s first 1,000 kV AC UHV experimental demonstration project, safeguarding the balanced and sustainable development of the eastern regions. and western China.
HYST is another example of promoting innovation-driven development, with its self-developed special-use subsea pipeline filling a technical gap in the domestic market, and its products applied in world-class offshore oil exploration platforms such as Bluewhale I, etc. To date, the company holds 19 key technologies and 21 world and national records.
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