Xinhua Headlines: From Economic Backwater to Industrial Landmark, A Case Study of China's High-Quality Growth(2)
Ningde is ushering in a bright future with the rise of a new industrial town. The city is now home to a number of world-class enterprises besides CATL.
The world's largest stainless steel producer Tsingtuo Group has a presence here. China's leading carmaker SAIC Motor has built a smart factory with the largest car assembly workshop in Asia.
Stainless steel wires and bars are displayed in an exhibition area of Tsingtuo Group in Ningde, east China's Fujian Province, June 24, 2022. (Xinhua/Lin Shanchuan)
The city's four leading industries -- lithium-ion batteries, new-energy vehicles, novel stainless steel and copper -- are developing into a complementary industrial cluster.
"Thanks to a world-class natural deep-water harbor, comprehensive transportation networks and an industrial cluster, Ningde is now full of development possibilities," said Zhou Xiaoming, chief engineer of the Research Center of Tsingtuo Group.
The city boasts a rather comprehensive industrial chain for the four leading industries. It has more than 80 lithium-ion battery-related projects, 46 suppliers for the SAIC Ningde factory, and more than 70 projects to support Tsingtuo's stainless steel industry.
This has greatly reduced the costs of procurement and logistics, helping the four leading industries enhance their competitiveness. In 2021, their value-added industrial output increased 59.1 percent over the previous year.
FROM POVERTY TO PROSPERITY
"As an innovation-driven new-energy enterprise, CATL has transformed itself from an industry follower to an industry leader," said CATL's founder Zeng Yuqun, also known as Robin Zeng.
CATL is committed to advancing the high-quality and sustainable growth of the global battery industry.
