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Century-old industrial relics in east China brace new development opportunity

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Century-old industrial relics in east China brace new development opportunity

2024-04-22 20:40 Last Updated At:04-23 00:39

Tangzha town in Nantong City of east China's Jiangsu Province, which bears witness to a hundred years of industrial development in China, is now experiencing a revitalization from smart production to tourism development.

About 100 years ago, renowned Chinese industrialist and educator Zhang Jian established the first large-scale cotton textile enterprise in Tangzha, embarking on his path of reviving the backward nation. Tangzha has also become one of the birthplaces of Chinese national industry in the modern times.

Jiangsu Dasheng Company, formerly known as Dasheng Cotton Mill, was founded by Zhang Jian in 1895. Now, in the intelligent spinning factory of the company rows of machines are operating at high speed. In addition to the robots transporting yarn barrels back and forth, there are only a few workers conducting inspections in the workshop.

"We will continue to maintain our production. As a century-old enterprise, our century-long production has never been interrupted. We will carry out technological improvements and, at the same time, put the most advanced production and some products in our Dasheng factory," said Qi Yingbin, chairman of board of Jiangsu Dasheng Group Limited Company.

The Guangsheng Oil Factory in Tangzha Town has undergone a transformation and is now an experience hall where children can engage in hands-on experiences of traditional soap-making techniques.

"Today I came to experience making soap, and I found it very enjoyable because I learned that soap is made from oil," said a young visitor named Yu Siheng.

"Today, I took my child to participate in this activity for two reasons. On one hand, I wanted to help him improve his hands-on skills, and on the other hand, I wanted him to learn about the history and culture of our city Nantong," said Zhu Xi, mother of a young visitor.

In recent years, Tangzha town has accelerated the revitalization of its industrial heritage, transforming into a scenic area and a cultural and creative industry park. The former "industrial town" has become an "industrial tourism zone" with an annual visitor count exceeding 1 million. "Tangzha is an important birthplace of China's national industry. Our plan positions Tangzha as an industrial cultural museum, with the theme of national industry town. We utilize representative industrial relics from different periods, spanning from modern times to the period after the liberation, to create a cluster of museums that offer an immersive experience of industrial culture. These museums will showcase the historical culture and industrial characteristics of Tangzha industrial town," said Xi Jun, director of Historical Cultural Cities Preservation Department under the Bureau of Natural Resources and Planning in Nantong.

Century-old industrial relics in east China brace new development opportunity

Century-old industrial relics in east China brace new development opportunity

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China's service outsourcing industry reports robust expansion

2024-05-22 04:25 Last Updated At:05:37

⁠⁠⁠⁠⁠⁠⁠China's service outsourcing industry saw robust expansion in the first four months of this year, the Ministry of Commerce said on Tuesday.

Chinese firms inked services outsourcing contracts worth a total of some 781.43 billion yuan (about 110 billion U.S. dollars) in the four-month period, up 14.4 percent year on year, according to the ministry.

The executed contract value stood at 520.51 billion yuan, a year-on-year increase of 12.9 percent.

Of the total, the value of offshore service outsourcing contracts rose 8.6 percent year on year to 419.04 billion yuan.

Specifically, the value of offshore information technology outsourcing (ITO) services provided by Chinese companies jumped by 10.9 percent from a year earlier.

China's Hong Kong Special Administrative Region, the United States and the European Union ranked the top three markets in terms of the fulfilled contract value of offshore outsourcing service, accounting for 54 percent of the total.

Chinese firms undertook nearly 80 billion yuan(about 14.93 billion U.S. dollars) worth of offshore service outsourcing contracts that were fulfilled with countries participating in the Belt and Road Initiative, up 24 percent from a year ago, while the offshore outsourcing services for Regional Comprehensive Economic Partnership (RCEP) member countries totaled 73.26 billion yuan, up 16.6 percent year on year.

Outsourcing refers to hiring an outside party to carry out services or produce goods typically undertaken by in-house employees. In China, service outsourcing is typically divided into three sectors: information technology outsourcing, business process outsourcing and knowledge process outsourcing.

In the January-April period, the service outsourcing industry welcomed about 301,000 new hires, with 84.7 percent of these individuals holding a bachelor's degree or above. The sector had over 16.17 million employees at the end of April, among whom some 10.56 million were graduates with a bachelor's degree or higher.

China's service outsourcing industry reports robust expansion

China's service outsourcing industry reports robust expansion

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