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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Jingjiang is located on the lower reaches of the Yangtze River and is a county-level city in Jiangsu Province. This seemingly ordinary county, in 2020, was already among those with a GDP exceeding 100 billion yuan. Surrounded by the Yangtze River on three sides, Jingjiang has become China's largest private shipbuilding base thanks to this geographical advantage. It's estimated that one in ten new ships built worldwide originates from Jingjiang's slipways.
As one of Jingjiang's core industries, shipbuilding has become the main driver of the county's economic growth. Local shipyards currently have orders for over 400 vessels, with construction scheduled to continue until 2030.
In 2020, Jingjiang's GDP exceeded 100 billion yuan for the first time. Since then, it has surpassed four more 100 billion yuan milestones since 2021. By 2024, Jingjiang's total GDP will exceed 140 billion yuan, with manufacturing accounting for approximately 40% of this total. As the driving force behind Jingjiang's manufacturing industry, the shipbuilding industry has also demonstrated rapid growth.
In 2020, when green energy sources and dual-fuel vessels were just beginning to gain popularity in shipbuilding, Jingjiang companies quickly responded to this trend and began transitioning to eco-friendly and high-tech models. Greening, technological advancement, and digitalization are becoming key growth drivers in this industry.
The "explosive growth in orders" also opened up enormous opportunities for the development of related auxiliary enterprises. Currently, Jingjiang boasts over 200 companies supporting the shipbuilding cluster, covering areas such as propulsion systems, navigation systems, deck machinery, and ship equipment. The localization rate of component production exceeds 65%.
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