Fuyang's First-Half Economic Report Reveals Leadership in Specialized Growth Sectors

Deep News
07/29

Focusing on the "Integrated Optical, Intelligent, and Bio-Advanced" strategy and fully embedding it into the "296X" framework, 2026 marks the first year of the "15th Five-Year Plan." Developing new productive forces and strengthening advanced manufacturing are central to the region's economic stability and quality improvement.

In the first half of this year, Fuyang District, Hangzhou, closely followed the overall deployment of the "Double Excellence" project. Anchoring the goal of "building a new highland for advanced manufacturing in the province," it coordinated three core tracks: revitalizing traditional industries, expanding emerging industries, and nurturing future industries. By integrating resources, implementing systematic policies, and making precise breakthroughs, the district focused on strengthening the "296X" advanced manufacturing cluster. The integration of technological and industrial innovation continuously activated new productive forces, driving effective qualitative improvement and reasonable quantitative growth in the district's industrial economy. This laid a solid industrial foundation for high-quality development in the Fuyang region.

Core indicators have shown improvement across the board, with industrial growth demonstrating substantial strength. Data shows that from January to June, the total output value of the "296X" cluster's above-scale industries reached 34.33 billion yuan, a year-on-year increase of 16.1%, surpassing the city's average growth rate. Among these, the growth rates for the AI, integrated circuit, and biomedical and medical device clusters all ranked first in the city, highlighting a clear leading advantage in specific niche sectors.

Today's effective investment is tomorrow's industrial increment. In recent years, Fuyang has consistently prioritized manufacturing investment as a core lever for expanding capacity and optimizing structure. This investment has maintained double-digit growth for several consecutive years. Over the past five years, a total of 256 industrial projects have been implemented, including 45 major projects each with an investment of over 1 billion yuan, cumulatively exceeding 50 billion yuan in manufacturing investment. From January to June this year, manufacturing investment accounted for 39.2% of total fixed asset investment, the highest proportion in the city, underscoring the sustained supporting role of industrial investment.

Behind these impressive figures lies the combined effect of multi-line coordination, including technological upgrades, chain-based cultivation, and forward-looking layout. This fully demonstrates Fuyang's strong industrial resilience and abundant endogenous driving force. Relying on the cultivation of advanced manufacturing clusters, the district's industrial scale has steadily expanded, and its industrial structure has continuously optimized. Advanced manufacturing has become a core pillar stabilizing the industrial base and driving economic growth, solidifying the foundation for regional stability and quality improvement.

Technological transformation empowers the quality upgrade of existing stock, revitalizing traditional industries. Managing and optimizing existing stock is a foundational support for cultivating new productive forces. Fuyang has consistently used high-level technological transformation as a core driver for the transformation and upgrading of traditional manufacturing. Firmly grasping the three transformation directions of intelligence, green, and high-end, it has introduced supportive policies and strengthened full-process service guarantees. This continuously guides local traditional manufacturing enterprises to phase out outdated production capacity, update intelligent equipment, innovate production processes, and promote green transformation. This shifts traditional industries from extensive scale expansion to refined quality improvement, giving new life to long-established local enterprises.

Fuyang has established a routine mechanism for the investigation, tracking, and service of technological transformation projects. It conducts door-to-door visits, policy briefings, and full-process guidance for project application for enterprises interested in implementing transformations. It simplifies the approval process for technological upgrades, implements policy incentives such as equipment purchase subsidies, digital transformation subsidies, and special support for green manufacturing. This maximizes the reduction of enterprise transformation costs and fully mobilizes their enthusiasm for transformation and upgrading. A large number of traditional manufacturing enterprises rooted in Fuyang for years have seized the policy opportunity, implementing a batch of benchmark technological transformation projects with large investment scale, strong driving effects, and significant transformation results.

Strong alliances lead to mutual success. In May this year, Feixuan Technology and the "Fortune Global 500" company Linde Group jointly established Feixuan (Hangzhou) Gas Equipment Technology Co., Ltd. in the Hangzhou Fuchun Bay New City. The project will leverage Feixuan Technology's technical advantages and Linde Group's market and integrated service advantages. By combining their professional expertise, they will introduce magnetic levitation technology into the high-energy-consuming air separation industry, building a smart manufacturing and assembly production line for magnetic levitation air separation equipment, while also providing customers with magnetic levitation technology solutions.

Jizhong Electromechanical, a communication equipment supporting company, focuses on the precision structural component manufacturing track. It has implemented an internal intelligent technological transformation project, introducing a large number of industrial robots, high-precision CNC punching machines, CCD intelligent visual inspection instruments, and other automated and digital production equipment. This has achieved fully unmanned operation in the processes of material feeding, stamping, and inspection. Production precision, product qualification rates, and workshop production efficiency have achieved leapfrog improvements. Relying on this round of technological transformation, the company's order-taking capacity has continuously strengthened, and production capacity has been consistently released. It is expected that the company's annual output value could exceed 500 million yuan by 2026.

Represented by Feixuan Technology and Jizhong Electromechanical, traditional industries such as mechanical processing, light manufacturing, and supporting parts in the district have set off a wave of technological upgrades. They are addressing development shortcomings through equipment iteration, digital empowerment, and green transformation. A large number of traditional manufacturing enterprises have completed their transformation and upgrading, thoroughly breaking away from the low-end processing, high-consumption, and low-efficiency development path. They have transitioned from mere "scale growth" to "quality improvement and multiplied efficiency," continuously strengthening and consolidating the existing industrial base.

Chain-based cultivation aggregates incremental growth, enabling a leap in the energy level of emerging industries. Keeping pace with the province's "415X" and city's "296X" advanced manufacturing cluster layout, Fuyang, based on its own industrial foundation and resource endowments, concentrates resources on developing the "Integrated Optical, Intelligent, and Bio-Advanced" five major industrial clusters. It continuously extends, fills, strengthens, and shapes the industrial chain, clarifying the medium- and long-term development paths for each chain. It refines practical measures for industrial cultivation, project introduction, and enterprise nurturing, and innovatively establishes a complete "Ten Elements" full-chain cultivation mechanism.

This comprehensive cultivation system includes nine supporting measures: setting up a special promotion task force, formulating phased development targets, drawing an industrial panorama map, building specialized industrial parks, assembling a dedicated investment attraction team, building an industry-university-research collaborative innovation platform, establishing an industrial chain alliance, gathering a high-end expert think tank, and setting up an industrial development fund. This constructs a full-cycle, all-round closed-loop industrial cultivation ecosystem covering project attraction, enterprise nurturing, innovation R&D, factor guarantee, and market expansion, providing systematic support for the growth and strengthening of the industrial chain.

At the same time, Fuyang continues to polish its three distinctive industrial landmarks: "Zhejiang Optical Valley," "Fuchun Chip City," and "Oriental Dan Valley." It precisely targets the niche tracks of optoelectronic lasers, integrated circuits, and biomedicine, continuously improving the attraction of upstream and downstream supporting enterprises, promoting the cluster development of enterprises along the industrial chain, and enhancing the concentration, recognition, and competitiveness of the five emerging industries.

The dividends of industrial cultivation continue to be released, and the growth momentum of emerging industries is strong. From January to June this year, the five major emerging industries under the "Integrated Optical, Intelligent, and Bio-Advanced" strategy achieved an output value of 31.88 billion yuan, a year-on-year increase of 22.8%, significantly higher than the district's average industrial growth rate. The proportion of these five emerging industries' output value in the district's total above-scale industrial output continues to rise, and their support and driving force for the entire district's industrial economy continue to strengthen. They have become the core growth engine driving the high-quality development of regional manufacturing. Relying on the complete industrial chain cultivation mechanism, the number of specialized and new enterprises in related fields continues to expand. An industrial pattern is accelerating, with leading enterprises guiding, small and medium-sized enterprises supporting, and innovative enterprises making breakthroughs.

Forward-looking layout seeks breakthroughs, and future industries seize the track. Facing the long-term competitive landscape, Fuyang insists on the deep integration of technological innovation and industrial innovation. It deeply cultivates the "one chain, one platform" innovation and development ecosystem, actively takes the initiative in laying out future industries, allocates high-potential frontier tracks in advance, and relies on hardcore technology innovation to cultivate a new growth curve.

Currently, Fuyang is focusing on the core track of frontier new materials. It focuses on deploying two key frontier sub-sectors: ultra-wide bandgap semiconductors represented by gallium oxide, and optoelectronic integrated materials and special optical functional materials. Relying on high-level research and development platforms such as the Hangzhou Institute of Optics and Fine Mechanics and the West Institute of Photonics and Electronics, it opens up a complete channel from "lab R&D to pilot scale amplification to industrial landing." It builds high-standard, exemplary bases for the industrialization of scientific research results. By gathering research talent, R&D equipment, and industrial funds, it concentrates on tackling a number of key core technologies, striving to solve common industry "bottleneck" problems. The goal is to build a frontier new materials future industry cluster with distinct Fuyang recognition and national influence.

Clear industrial positioning, well-developed science and innovation platforms, solid project reserves, and comprehensive policy guarantees have earned Fuyang's future industry cultivation work dual recognition at the provincial and municipal levels. The frontier new materials industry has been successfully included in the city's future industry pilot zone cultivation list and the province's future industry pilot zone preparatory list. In January this year, it successfully secured special financial incentive funds from the provincial future industry pilot zone. The superposition of resources, including policies, platforms, projects, and talent, continuously accumulates the momentum for Fuyang's future industry development, shaping new competitive advantages for the district's long-term advanced manufacturing development and continuously expanding new space for industrial growth.

A thriving industry leads to a thriving region; a strong manufacturing sector leads to a strong economy. In the next step, Fuyang District will continue to anchor itself to the main line of high-quality development in advanced manufacturing. It will persistently and deeply cultivate the nurturing work of advanced manufacturing clusters. It will coordinate the promotion of digital and green upgrades of traditional industries, continuously drive the expansion and quality improvement of emerging industries like optoelectronics, integrated circuits, and high-end equipment, and make breakthroughs in the frontier new materials future industry. It will continuously improve the full-chain industrial supporting ecosystem, strengthen the innovation empowerment of science and innovation platforms, industrial funds, and talent cultivation, increase the intensity of tackling key industrial projects, and continuously expand new productive forces. The entire district will work with practical results to strengthen the basic manufacturing sector, strive to build a new highland for advanced manufacturing that is leading in the province and a benchmark for the city, and support Fuyang's high-quality economic and social development with a modern industrial system.

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