Yueqing Electric Becomes Wenzhou's First 100 Billion Billion Industrial Cluster

The electrical industry, as an important pillar industry of Yueqing's industrial economy, accounts for 60% of the city's industrial economy. In 2014, the total output value of the electrical industry clusters in the city reached 103 billion yuan, a year-on-year increase of more than 10%. At this point, Yueqing Electric Industry has become the first 100 billion industrial cluster in Wenzhou City, and it has laid a solid foundation for the realization of a double-billion-dollar industrial cluster by 2020.
The Yueqing electrical industry started from the small workshops that were knocked on, and developed into more than 200 series, including 6000 high-voltage and low-voltage electrical, transmission and distribution equipment, instrumentation, complete sets of equipment, wire and cable, power fittings, electronic components, and explosion-proof products. A large-scale industrial cluster with more than 20,000 specifications of electrical products, and successively won the “China Electric Capital”, “China Explosion-proof Electrical Production Base”, “China Circuit Breaker Production Base”, “China Low-voltage Electrical Appliance Export Base” and “National Torch Six state-level electrical gold business cards such as the “Smart Electrical Industrial Base” and “National New Industrialization Demonstration Base for Equipment Manufacturing (Electrical and Electrical)” are planned.

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