In 2024, Nanning has selected new areas and new arenas in industrial development to shape a promising future by leveraging emerging industries, thereby transforming its industrial landscape and propelling the swift development of new quality productive forces.
Nanning has strategically focused on the new energy sector and engaged in targeted investment promotion with a “whole-industrial-chain” approach. The newly established Guangxi New Fortune New Energy Technology Co., Ltd. in Nanning is leading in technology for materials and cell structures, supplying advanced power batteries to top domestic automotive companies. Additionally, Nanning attracted prominent industry leaders like BYD Company Limited and key supporting projects including the project of Londian Wason Holdings Group to assemble upstream and downstream enterprises and strengthen the new energy industry chain, which is now a crucial engine for the high-quality development of industrial economy. During the first half of 2024, significant projects from companies like BYD Company Limited and Guangxi New Fortune New Energy Technology Co., Ltd. have steadily increased in production, with the industrial added value for battery manufacturing increasing by 103.2%.
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