On October 12, the second China Service-oriented Manufacturing Conference, guided by the Ministry of Industry and Information Technology, the Fujian Provincial People's Government, and the Chinese Academy of Engineering, was held in Quanzhou, Fujian Province, the starting point of the Maritime Silk Road. The list of service-oriented manufacturing demonstration units was released at the meeting. Among them, Suzhou was selected as one of the six "service-oriented manufacturing demonstration cities" in the country and the only selected city in the province. The "Bangladesh National Power and Communication Transmission Network General Integration General Contracting Project" of Yongding Co., Ltd. was rated as the General Integration General Contracting Demonstration Project of this Congress and was professionally recognized.
Under the background that China's manufacturing industry is in urgent need of transformation and upgrading, on the one hand, Yongding shares upgrade its own products through scientific and technological innovation, on the other hand, the company actively expands the transformation of EPC (turnkey project) general contracting mode integrating design, manufacturing and service by establishing a subsidiary specializing in international engineering general contracting.
Relying on the strategic trend of the country's "One Belt, One Road" and "International Capacity Cooperation", Yongding has undertaken engineering projects in Laos, Bangladesh in Southeast Asia and Ethiopia, Zambia, Kenya and other countries in Africa. So far, it has contracted a total of nearly US $3 billion. Nearly US $1 billion. On November 14, 2016, under the joint witness of President Xi Jinping and Bangladeshi Prime Minister Hasina, the company and Bangladesh signed the US $1.14 billion "Bangladesh National Power and Communication Transmission Network General Integration General Contracting Project", which became a demonstration project to seize the strategic opportunity of "Belt and Road Initiative.
"Empowering manufacturing, serving the future", the development of service-oriented manufacturing is the only way for the transformation and upgrading of the manufacturing industry, and it is also the glorious mission of the Chinese manufacturing industry. Focusing on the theme of "empowering manufacturing and serving the future", this conference adopts a combination of plenary meetings, special forums, enterprise training, special research, and exhibitions to promote cross-border exchanges and cooperation of "politics, industry, learning, research, use, and finance.
It is understood that by accelerating the promotion of service-oriented manufacturing, in 2017, the added value of the service industry in the city reached 886.165 billion billion yuan, an increase of 8.2 percent, 1.1 percentage points higher than the GDP growth rate and 2.2 percentage points higher than the industrial added value. Suzhou's industrial added value reached 690 billion billion yuan in 2017, an increase of 6.6 percent over the same period last year, and industry contributed nearly 43 percent to Suzhou's GDP.
