East China’s Anhui province aims to increase the number of development zones each with a revenue of 100 billion yuan ($15.6 billion) or more to 20 by 2025, according to a plan released recently by the provincial economic regulator.
Development zones in the province will follow high-quality development patterns with scales increasing and industries improving during the 14th Five-Year Plan period (2021-25). Their sales revenue will exceed 9 trillion yuan, and at least 20 out of them will earn 100 billion yuan or more, said the plan, which set goals and paths for the zones.
Starting from scratch, development zones in Anhui have grown steadily over the past three decades. The number of development zones at provincial and above levels rose to 131 at the end of October, 2021. During the 13th Five-Year Plan period (2016-20), development zones in the province posted an average increase of 7.5 percent in business revenue on a yearly basis.
Under the plan, modern industrial systems will be set up in development zones, their industrial and supply chains will be improved, and emerging industrial clusters will be cultivated during the 14th Five-Year Plan period (2021-25).
Development zones in Hefei, Wuhu, Bengbu, Tongling and Chizhou will focus on the integrated circuit industry, and develop characteristic chips, the plan noted, adding that those in Hefei will also highlight the aerospace industry.