Changzhou set up new material industry for drying equipment gathering place

China Drying Network Changzhou is a gathering place for drying equipment and is about to set up a new material industry. On September 9th, the Jiangsu New Materials Industry Venture Capital Fund, co-sponsored by the two governments of Jiangsu Province and Changzhou City, Jiangsu Province New Material Industry Association, and Jiangsu Jinmao Capital Quartet, was established in Changzhou with a scale of RMB 500 million for the first phase. This means that Changzhou's new materials industry has literally become the leader in Jiangsu Province. In recent years, Changzhou's new material industry has developed rapidly. By the end of last year, there were 570 new material companies above designated size in the city, and the current year’s output value was more than RMB 160 billion. The new polymer composite materials, functional new materials, special fiber composite materials and rare earths A number of patented technologies and products have been gathered in the fields of nanomaterials and so on, forming the characteristics and advantages of Changzhou's new materials industry.

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