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Zhuhai light-industry enterprises among China's top 10

(cityofzhuhai.com)

Updated: 2021-08-04

Gree Electric Appliances of Zhuhai in Qianshan is third among the rankings of China's top 100 light industry enterprises and sci-tech enterprises in 2020, according to the China National Light Industry Council.

Rossini Watch Industry in the National Hi-Tech Industrial Development Zone (Tangjiawan), and Wantong Chemical, Medeli Musical Instruments, and Easycare Group in Jinwan are also among the top 10 in their respective spheres of timepieces, plastics, musical instruments, and cosmetics.

A company's annual operating income, total profit, profit margin, proportion of tax revenue, income from e-commerce, R&D investment, and operating income growth are factors in the ratings.

The key to local high-quality development of light industry is innovation, said an official of the Zhuhai Bureau of Industry & Information Technology. For instance, the application of high-efficiency room-temperature catalytic formaldehyde removal technology in air purifiers developed by Gree and the Institute of Earth Environment of Chinese Academy of Sciences has been assessed as "Internationally Advanced."

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Rossini Timepiece Museum in Tangjiawan [Photo courtesy WeChat account: zhtqb12345]

Medeli Musical Instruments has mastered the core technology of audio source integrated circuits with independent intellectual property rights and taken the lead in compiling 12 national and industrial standards. 

In addition, Rossini's industrial tourism related to timepiece culture, By-Health's Transparent Factory, and Wiseman's one-stop design service have been exploring new business formats under modern consumption modes.

Zhuhai has provided all-round services for key enterprises and projects. City authorities visited more than 110 enterprises and projects in the first half of this year to help solve 58 difficulties in recruitment, supportive facility construction, and policy application.

Local output value of light industry enterprises above designated size grew by 27.9 percent year-on-year to 82.61 billion yuan ($12.78 billion) during the period, and the added value rose by 22.8 percent to 25.47 billion yuan ($3.94).

Last year the city's output value of light industry enterprises above designated size had increased by 2.1 percent year-on-year to 154.46 billion yuan ($23.9 billion), accounting for 34.1 percent of the total output value of industrial enterprises.

Zhuhai will next step up the variety of diversification, quality improvement, and brand cultivation in the industrial clusters of "smart" household appliance, biomedicine and health, modern textile, and modern agriculture and food.


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