Industrial zone firms see rises in output
Manufacturing and consumer demand have revived in Jiading Industrial Zone after the novel coronavirus outbreak, according to the zone’s half-year economic report.
The biomedical industry achieved an output value of 2.89 billion yuan (US$42 million) with a 52.7 percent year-on-year growth, while the high-performance medical equipment and precision medicine industries gained an output value of 2.53 billion yuan with a 48.3 percent year-on-year growth.
Jiading-based United Imaging gathered its research, production, supply chain, after-sales and clinical training teams to deliver 1,000 pieces of equipment throughout China. Global orders also increased.
Many AI products were promoted during the pandemic created by the United Imaging subsidiary. For instance, an intelligent auto scanning navigation machine helps radiologists do their work without patient contact.
Another piece of medical equipment, the uAI system, helps analyze novel coronavirus and can cut scan reading time from 10 minutes to 1 minute, while maintaining the accuracy.
Other businesses in the zone see steady progress. Forty-one above-designated-size companies gained 125.87 billion yuan, among which Zhaogang.com, a steel e-commerce company, achieving 95.77 billion yuan in online commodities trading with a year-on-year growth of 5 percent.
Companies engaging in online businesses have developed rapidly, and the profits of JD.com and Alibaba Li Ren Gou surged in the second quarter.