After over two decades of growth, the private sector in Changchun has become a vital engine driving the city's economic development. This year, the city aims to maintain an 18% growth rate in the private economy, with tax contributions reaching 4.1 billion yuan and employment exceeding 102 million people. To achieve these ambitious targets, Changchun is focusing on building industrial clusters and creating a "carrier" model for industry development.
The strategy centers around investment promotion and project construction, ensuring that the private sector continues to grow in a stable and sustainable manner. By fostering strong industrial ecosystems, the city is positioning itself as a hub for innovation and economic expansion.
One key approach is the cultivation of major industrial clusters. Changchun is prioritizing the automotive, parts, Clivia flower, and logistics industries. The city is working to strengthen its automotive base by developing related sectors such as logistics, trade, and research, aiming to establish Changchun as an international automobile hub. It also plans to transform into a global center for Clivia flowers, combining tourism, export, and cultural activities.
In the logistics sector, the city is leveraging its strengths to develop integrated markets, including the Hollywood, Middle East, and Jiangshan decoration material clusters. Commercial hubs along Far Eastern Wholesale, Chongqing Road, Guilin Road, and Hongqi Street are being developed to support small businesses and promote cluster-based growth.
Additionally, Changchun is encouraging private enterprises to invest in high-tech, advanced manufacturing, and emerging industries. This push is designed to enhance enterprise quality, optimize industrial structures, and create a distinct private business ecosystem tailored to the city’s needs.
To further strengthen the private sector, Changchun is also building a group of large-scale industry leaders. Companies like Huifeng Group, Jilin Business Software, and Wutai Group are being supported to become industry pioneers. Local enterprises such as Shangrui, Vanrong, and Rongfa are being promoted to drive county-level economic growth and contribute more to local tax revenues.
Moreover, technology-driven companies like Contemporary Information, Hongda Technology, and "Welcome Birds" are being nurtured to become leading players in domestic and international markets. Through these efforts, Changchun is striving to build a robust private economy with strong, scalable enterprises capable of competing globally.
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