BEIJING, Jan. 29 (Xinhua) -- Changzhou occupies a leading position in the development of the new energy industry, according to a report released recently by China Economic Information Service (CEIS), a subsidiary of Xinhua News Agency.

Based on years of tracking research on Changzhou, CEIS analyzes Changzhou's industrial history, competitive advantages, industrial ecosphere and other aspects in the report.

According to the report, Changzhou has five main advantages in building itself into a leading city in the new energy sector. As one of the important birthplaces of modern national industry and commerce in China, Changzhou has accumulated rich industrial experience and foundations and seized the opportunity to deepen the layout in multiple fields of the new energy industry.

In addition, Changzhou has steadily improved the production and innovation ability led by local key enterprises and institutions, persisted in attracting and cultivating a strong talent pool to build an innovative and entrepreneurial ecosystem of the new energy industry, and promoted the city's transition to a more sustainable future.

In recent years, Changzhou's new energy industry has witnessed strong growth, with the industrial agglomeration level ranking fifth and the investment heat evaluation ranking first in China, said Chen Jinhu, Secretary of the CPC Changzhou Municipal Committee, during a conference on new energy industry development recently held in Changzhou.

In 2022, Changzhou had nine enterprises listed in the Top 500 Chinese Private Enterprises, four on the Global Unicorn List, and another eight industrial enterprises with more than 10 billion yuan in annual output value, according to Chen.

Changzhou continues to promote the development of its new energy industry, aiming to build itself into a leading city in the new energy sector that leads the Yangtze River Delta region, radiates to the whole country, and has global influence.

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