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In the equipment manufacturing industry, it is planned that in 2012, the province’s equipment manufacturing industry above designated size will achieve sales of 680 billion yuan, accounting for 15% of the province's total industrial output, and increase its ranking by 2 to 3 places nationwide. In 2015, the province’s above-scale equipment manufacturing industry achieved a sales income of 1.20 billion yuan. The comprehensive strengths of the four competitive industries such as transmission and transformation equipment, complete sets of equipment, modern agricultural machinery, and construction machinery are among the leading domestic levels; in 2020, The economic scale of Henan Province is in line with the industrial scale.
Henan Province Introduces Top Ten Industrial Revitalization Plan
As of the end of August, the first three batches of central newly-added investment projects in Henan started 7,380, and a total investment of 22.19 billion yuan was completed; 75 provincial key projects were started, 23 were completed, and an investment of 98.91 billion yuan was completed. Driven by major projects, the growth rate of investment in the province's cities and towns has been stable at more than 30% for five consecutive months, and the investment scale ranks fourth in the country. The provincial government promulgated the adjustment and revitalization plan for the ten major industries such as the "chemical industry," and "protected and escorted" the long-term development of the provincial industrial economy.