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Innovation drives Pearl River Delta's economy restructure

2015-April-1       Source: Newsgd.com

The region of Pearl River Delta ranks No.2 on national innovation capability following Jiangsu in 7 consecutive years, according to 2014 Annual Report of Regional Innovation Capability of China.

Hightlights:

Guangdong province invests billions in robot factories

Dongguan to have first unmanned factory in 2015

How Guangzhou to lead technology innovation in Pearl River Delta

 

The region of Pearl River Delta ranks No.2 on national innovation capability following Jiangsu in 7 consecutive years, according to 2014 Annual Report of Regional Innovation Capability of China.

Last year, Guangdong's 63 key projects and 81 sub projects have altogether attracted 184.61 billion RMB, 119.2% of the annual investment plan. Besides, cities from the region launched 97 investment projects ranging from infrastructure to urban construction, which was 212 billion RMB in total.

According to the latest figure, modern service added value has accounted 61.8% in Pearl River Delta service sector. Besides, the province's E-commerce trading volume and information consumption volume, hitting 2.62 trillion RMB and 860 billion RMB respectively, were largely contributed by the Pearl River Delta area.

The breakthroughs of innovation strategy in Pearl River Delta in 2014.

Hu Chunhua, Party Secretary of Guangdong briefed during this year's national two sessions that Pearl River Delta was principally approved to be the Self-dependent Innovation Demonstration Area and the boosting engine of the province's innovation industry.

For the technology reform, the region has invested 114 billion RMB in 2014, a 38.9% growth compared to 2013, accounted for 24.6% of total industry investment. According to an action plan published on March 26, Guangdong will support 1,950 companies to use robots in manufacturing, starting in industries like automobile, home appliance, textile, electronics and construction materials manufacturing. It will invest 943 billion yuan (152 bln USD) to replace human laborers with robots within three years.

Cities in Pearl River Delta area, like Guangzhou, Shenzhen, Dongguan, and Zhongshan launched new rules to develop the unmanned factory last year. In Dongguan, about 60% local industrial enterprises had implemented the strategy. Moreover, the first intelligent unmanned factory (all production controlled by electronic computer) is to be established in Dongguan this year.

Editor: Chan

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