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Yangquan High-tech Industrial Development Zone optimizes business environment

Updated: 2025-01-16

In recent years, the Yangquan High-tech Industrial Development Zone in Yangquan, Shanxi province, has taken various measures to create a favorable business environment.

The zone has formulated and implemented targeted industrial policies for manufacturing enterprises. Specifically, it has built a comprehensive platform for the pump and valve industry, fostering an innovation, R&D, and industrialization ecosystem. 

The zone has established a think tank in the new energy sector to drive industry advancements. For the data process service industry, the zone has developed a data annotation base that supports services such as unmanned vehicles, voice recognition, facial recognition, image processing, and mapping. 

The zone has also established a human resources industrial park and a big data industry-education integration training base. Targeting key industries such as the digital economy, new energy batteries, and modern equipment manufacturing has attracted talent teams and recruited 19 senior executives. 

It established an integrated financial service center, an industrial fund, and a financial service system to ensure a stable funding chain. The zone has also made significant progress in developing its infrastructure, advancing the construction of seven industrial parks and building 580,000 square meters of standard factories. 

The zone has also implemented infrastructure improvements in these parks and pre-arranged energy consumption and pollutant emission replacement quotas, freeing up environmental capacity for advantageous industries.