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China's industrialization demonstration bases faring well

China's national new-type industrialization demonstration bases are faring well, an evaluation report revealed.

The 332 demonstration bases are generally at the four-star level, with 28 reaching the highest five-star level, according to the evaluation report released by the Ministry of Industry and Information Technology based on their performance in 2018.

Most of the 28 five-star demonstration bases are located in eastern China, covering industries ranging from equipment manufacturing to software and information services.

The 28 demonstration bases posted an average sales revenue of more than 400 billion yuan (59.6 billion U.S. dollars) last year, with an average R&D intensity reaching 3.87 percent. Beijing Zhongguancun Science and Technology Park Haidian Park raked in over 1 trillion yuan in sales revenue in 2018.

China started to build national industrialization demonstration bases in 2009 and now has a total of 384, which contribute more than 30 percent of the country's industrial added value, profits and exports, becoming a driving force for the high-quality development of the manufacturing sector.

Source:Xinhua  Editor:Lucky

(Source_title:China's industrialization demonstration bases faring well)