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position: EnglishChannel  > Policy> From Jiangsu to the World: Openness Fuels Shared Growth

From Jiangsu to the World: Openness Fuels Shared Growth

Source: Science and Technology Daily | 2025-10-14 16:50:20 | Author: By LIN Yuchen, JIN Feng & TAN Lin

As global trade faces mounting uncertainties and protectionist barriers, China's eastern province of Jiangsu is charting a confident new course in high-quality, innovation-driven development.

Defying U.S. tariff pressures, local companies such as Youao Intelligent Technology are expanding into Europe and Southeast Asia. Despite a 20 percent decline in U.S. revenue in the first half of 2025, Youao achieved 823 million RMB in export sales, a year-on-year increase of 10.38 percent — an achievement emblematic of Jiangsu's resilience and adaptability.

This and other success stories helped drive Jiangsu's foreign trade to a record 5.62 trillion RMB in 2024, maintaining its position as China's second largest trading province for 22 consecutive years. The province also attracted 19.05 billion USD in utilized foreign investment, leading the nation for seven straight years.

At the heart of Jiangsu's open economy is a deep commitment to technological innovation. Nanjing Kangni Mechanical & Electrical Co. demonstrated this when it stepped in to supply train doors for a 400 km/h German high-speed rail prototype after a European supplier failed to deliver.

Partnering with local universities, Kangni completed the project in just five months, meeting the highest international safety standards. Such capabilities have earned the company entry into over 40 global markets, showing how China's precision engineering can compete at the highest levels.

For firms like Youao, innovation is the key to breaking through trade barriers. Allocating 3.5 percent of annual revenue to R&D, the company has cultivated a rapid development cycle, cutting production time by nearly half compared to foreign competitors.

This spirit of constant innovation has elevated Jiangsu's technology competitiveness, placing it third nationwide in the 2025 China Regional Innovation Report.

Equally crucial is Jiangsu's ability to align innovation with industrial ecosystems. In Nanjing, Bosch Home Appliances upgraded its R&D center to a global headquarters, recognizing China's vast talent base and market potential. In Yangzhou, Dutch-based Hyva Group relocated its Far East marketing center from Poland to China, citing the efficiency of the local supply chain where components can move from supplier to delivery in just five days.

Through comprehensive industrial clustering, policy coordination, and "nanny-style" services that link foreign investors with local suppliers, Jiangsu is not only stabilizing trade but also enhancing quality.

From advanced medical device manufacturing in its Changzhou city to efforts by the city of Wuxi to open Central Asian markets, the province is forging a model of open, innovative, and inclusive development.


Editor:林雨晨

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