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High-end equipment

ezhejiang.gov.cn| Updated: March 19, 2020 L M S

High-end quipment manufacturing is an important part of that sector, which is the second largest industry in Shaoxing. After years of development, the city's high-end equipment manufacturing industry covers robots, intelligent equipment, high-end motors, new energy vehicles and key parts, advanced transport equipment, new energy and energy-saving environmental protection equipment.

There are 22 listed enterprises in the sector, including seven which are among the top 500 private enterprises in China, such as Jinggong Group and Wolong Holding Group.

In Shaoxing in 2018, there were 842 high-end equipment manufacturing enterprises above the designated scale – with annual sales revenue surpassing 20 million yuan ($2.85 million) – with an annual output of 20,000 sets of special equipment for environmental protection and pollution, 30,000 sets of machine tools, 6,561 sets of special textile equipment and 270 sets of industrial robots, and an output value of 113.61 billion yuan, accounting for 16.7 percent of the total industrial output of industries above the designated scale in the city.