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Industrial economy of Yuyao takes on new features

In recent years, Yuyao County has constantly strengthened the "No.1 Project" of digital economy, promoted the in-depth integration of internet, big data, artificial intelligence and manufacturing, and accelerated the cultivation of such three "100-billion industrial clusters" as the photoelectric information industry and such five "10-billion industrial clusters" as robot & integration. 
"In 2019, we will continue to strengthen the intelligent manufacturing project and carry out 166 key intelligent transformation projects." said a person in charge from Yuyao Bureau of Economy and Information technology. The county will promote the transformation of the traditional industries from the low-end "red-sea market" featuring fierce competition to the high-end "blue-ocean market" featuring innovation, from such perspectives as manufacturing styles, materials and manufacturing process, expansion of industrial chain and product upgrading. 
The long-term transformation and upgrading has promoted the continuous optimization of the product structure. In the first quarter of this year, the added values for the strategic emerging industry, the high-tech industry and the equipment

manufacturing industry stood at 3.796 billion yuan, 4.64 billion yuan and 5.366 billion yuan respectively, up by 21.6%, 10.8% and 9.8% over the same period of last year. The county achieved a new product output value of 15.58 billion yuan, up by 20.6%, ranking No.2 among all the districts and counties of Ningbo. The output value rate of new products reached 41.3%, 3.6 percentage points higher than the same period of 2018

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