
Jiangsu targets $9 billion commercial space output by 2028
Jiangsu is positioning its manufacturing base to become a key part of China’s commercial space supply chain.

Jiangsu is positioning its manufacturing base to become a key part of China’s commercial space supply chain.

Industrial output generated by firms with annual main-business revenue of 20 million yuan ($2.94 million) and more grew 5.0% year-on-year.

Four of the 14 Jiangsu companies that have listed on China’s A-share market this year come from the semiconductor industry.

Provincial officials said insurance funds already deployed in the province had exceeded 500 billion yuan by 2025.

Within the province, Suzhou continued to anchor external trade activity, recording 1.48 trillion yuan in imports and exports, up 37.5% year-on-year.