1,300 enterprises gather in Yunnan for new business opportunities
The event venue of Kunming Dianchi Convention and Exhibition Center
The 2024 China Industrial Transfer and Development Matchmaking Activities (Yunnan) took place in central Yunnan’s Kunming city on September 8. The event brought together academicians, experts, representatives from universities and industry associations, and over 1,300 key enterprises to seek new development opportunities.
With the theme of "Sharing New Benefits of Industrial Transfer, Building New Height for International Cooperation", the event aimed to promote industrial transfer as a key strategy for driving new-type industrialization and emphasizing industrial development.
Opening of the 2024 China Industrial Transfer and Development Matchmaking Activities (Yunnan)
The focus is to create a more attractive environment for industrial transfer, a more dynamic border openness, and an important platform for receiving industrial transfer.
Several key industrial projects were signed at the opening. Four provincial-ministerial thematic matchmaking events were held for bio-pharmaceuticals, photovoltaics, information industries and border industrial parks, together with nine provincial-prefectural sub-events for equipment manufacturing, green aluminum and other industries.
Wang Ning, secretary of the CPC Yunnan Provincial Committee, said Yunnan is actively embracing the trend of industrial migration, leading to economic growth, stronger resource advantages, solid industrial support, and unprecedented opportunities.
Yunnan's strategic position from a regional perspective
The province aims to enhance the cooperations between eastern and western Chinese regions, among the Chinese provinces and between central and local governments, in a bid to develop its resource-based economy, industrial park economy, and port economy. Yunnan welcomes domestic and foreign enterprises to seize these opportunities.
"Through deepening open cooperation, we’ll support Yunnan in enhancing the border region’s function of internal and external connection, building a major international information channel connecting South and Southeast Asia, constructing a development pattern for border industrial parks, and creating a new height for border openness," said Jin Zhuanglong, Chinese minister of industry and information technology.
Wang Yubo, governor of Yunnan Provincial People’s Government, added that industrial transfer is backed by major Chinese national policies, collaborative efforts from ministries, provinces, municipalities, and enterprises, along with Yunnan's unique strengths. "This is a time of opportunity, advantage and prosperity," he noted.
Key projects are signed at opening of the 2024 China Industrial Transfer and Development Matchmaking Activities (Yunnan).
Industrial observations:
Green Aluminum Valley rises in Yunnan. Yunnan's aluminum industry, powered by abundant hydropower, is thriving in Wenshan, Zhaotong, Qujing, Honghe, and Kunming.
The industrial cluster has shown promising results. In 2023, the green aluminum industry generated an output value of 118.4 billion yuan. With a 19.1% increase in added value, it’s becoming Yunnan’s next trillion-yuan-industry after silicon photovoltaics.
Yunnan to be a photovoltaic capital. Seizing the momentum of green and low-carbon development, Yunnan has rapidly entered a booming period of the photovoltaic sector.
Attendees at the event opening
Leading companies are settling in, and the silicon photovoltaic industry is expanding quickly. In 2023, the province’s photovoltaic industry reached an output value of 109.4 billion yuan, with a 36.7% increase in added value.
New energy batteries grow fast. Yunnan's new energy battery industry, driven by green electricity and advanced manufacturing, is emerging as a key sector. In two and a half years, the province has made significant progress, building an industry from scratch.
Yunnan now boasts an annual production capacity of 6.1 million tons of cathode materials, 5.53 million tons of anode materials, and 9 GWh of energy storage batteries. With the industrial chain rapidly expanding, Yunnan is positioning itself as a hub for China’s new energy battery industry.
Attendees at the event opening
Emerging biomedical industry. Yunnan is actively turning the biomedical industry into a strategic emerging sector, aiming to nurture a trillion-yuan industry.
The industry's operating revenue grew from 124.1 billion yuan in 2015 to 311.7 billion yuan in 2023. By 2023, Yunnan was home to 246 pharmaceutical manufacturing enterprises, making up 2.9% of China's total. The province also produces 4,169 types of pharmaceutical products, representing 2.7% of the national total.
Sources: China News Service, Yunnan Daily; Trans-editing: Guo Yao; Proof-reading: Wang Huan, Wang Shixue