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Jiaxing's investment in the manufacturing sector totaled 41.01 billion yuan ($6.11 billion) from January to May, a year-on-year increase of 19.5 percent and ranking second in Zhejiang province, according to the Jiaxing Municipal Bureau of Economy and Information Technology.

Manufacturing is the core of the industrial economy, and manufacturing investment is important to the optimization of the industrial structure and improving the high-quality development of the regional economy, said an official of the Jiaxing Municipal Bureau of Economy and Information Technology.

Construction on the Jiaxing Longi Leye green energy technology project, which is located in Xiuzhou distrct, is currently in full swing, receiving a total of 6 billion yuan in investment. It is expected to achieve sales revenue of about 15 billion yuan, provide jobs for about 1,800 people and upgrade the district's photovoltaic new energy industrial chain.

An intelligent plant in Jaixing, East China's Zhejiang province. [Photo/cnjxol.com] 

In addition, the city has fully promoted intelligent and green transformation in characteristic industries such as Nanhu auto parts, Xiuzhou textile printing and dyeing, Jiashan wood furniture, Pinghu luggage, Haiyan fasteners, Haining warp knitting, and Tongxiang clothing, with a total investment of 30 billion yuan.