Industrial Clusters Flourish as Leading Enterprises Gather: Siyang Builds Investment Brand as "The Most Beautiful County Along the Grand Canal"

Deep News11-12

The charm of the Grand Canal is vividly displayed in Siyang, where its most enchanting scenery lies. During the transition between autumn and winter, a visit to Siyang—a national top-100 county in Jiangsu’s Suqian—reveals bustling production and harvest scenes across intelligent manufacturing workshops and high-standard farmland. In recent years, Siyang has focused on building "The Most Beautiful County Along the Grand Canal" and creating an exemplary business environment, attracting numerous industry leaders and listed companies. This has fostered a modern industrial system led by high-end textiles and green home furnishings, supported by advantageous sectors like electromechanical equipment and green food, driving high-quality county-level economic growth.

**Strengthening Industrial Foundations and Enhancing Comprehensive Strength** Siyang's economy has shown steady improvement, with its national comprehensive competitiveness ranking rising from 94th in 2023 to 93rd in 2024. The county adheres to an "industrial powerhouse" strategy, optimizing structures, building industrial chains, and attracting key projects—both large and small—to cultivate competitive advantages.

**Targeted Investment Attraction and Industrial Clustering** Focusing on its "2+3+N" industrial system (high-end textiles, green home furnishings, new food, electronics, new energy, and other specialties), Siyang has implemented precision investment strategies across 10 key industrial chains. In 2024, it secured 108 industrial projects worth over 100 million yuan each, including 27 exceeding 1 billion yuan. The momentum continues in 2025, with expectations of 120 such projects.

Key industries have demonstrated "chain-style clustering," with high-end textiles, green home furnishings, and new food achieving output values of 31.8 billion yuan, 11.66 billion yuan, and 5.1 billion yuan, respectively, in 2024. Projections for 2025 suggest further growth to 38 billion yuan, 12 billion yuan, and 10 billion yuan.

**Industrial Parks and Innovation** Siyang’s economic development zones have gained recognition, with the Wujiang (Siyang) Industrial Park named "2024’s Most Promising Regional Investment Hub" and Siyang High-Tech Zone listed among Jiangsu’s "Most Growth-Potential Development Zones."

**Reform and Business Environment Optimization** Siyang prioritizes business climate reforms, streamlining administration, enhancing credit systems, and ensuring resource availability. Initiatives like "one-stop online services," "land acquisition with immediate construction," and flexible regulatory approaches (e.g., "first-time minor violations exempt from penalties") have reduced cross-departmental inspections by 35%.

The county added 11,000 new market entities in 2024, a 60% increase from the end of the 13th Five-Year Plan. Regular government-business dialogues and anti-corruption measures in public services further bolster confidence.

**Leadership of Listed Companies** Attracted by Siyang’s appeal, listed firms like *Jiangsu Eastern Shenghong* (000301.SZ) and *Tongkun Group* (601233.SH) have established operations, driving high-end textile industry upgrades. Shenghong’s subsidiary, Jiangsu Ruibang Technology, recycles plastic bottles into eco-friendly fabrics, while Tongkun’s 5G-enabled factory showcases 95% automation, setting industry benchmarks.

In green home furnishings, *Golden Home* (603180.SH) expanded its Siyang base to an annual output of 900,000 sets, earning recognition as a provincial industrial internet model. Meanwhile, *Hualv Biological* (300970.SZ) became Siyang’s first A-share listed company in 2021, symbolizing the county’s growing capital market presence, now hosting 14 listed firms and 20 potential candidates.

Other notable entrants include *Suzhou Polyrocks* (300906.SZ) in advanced materials and *Guangdong Haid Group* (002311.SZ) in modern agriculture, underscoring Siyang’s diversified industrial appeal.

**Future Prospects** By benchmarking against national standards, Siyang aims to solidify its status as a manufacturing hub along the Yangtze River Delta, painting a prosperous vision for "The Most Beautiful County Along the Grand Canal."

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