Baqiao Town is a regional important town for the economic development along the Yangtze River in Yangzhong City. The industry started earlier, and the first comb paper factory in the city was founded in the early days of liberation. In the 1960s and 1970s, we started some factories, such as sewing machine factory, clothing factory, shoe factory, embroidery factory, bakelite factory, wool factory, drawing factory, organ factory and farm tool factory. Over the past 80 years, we have established reputable plug-in factories, valve factories, electric heating factories and valve factories at home and abroad. 1992 output value exceeds 100 million. 1August 1997 to1May 1998, all enterprises reformed their property rights system and became the first town in Zhenjiang. After ten years of development, Baqiao private economy has increased in total, optimized in structure, expanded in scale and enhanced in vitality. There are 0/65 private enterprises/KLOC-0, including 3 of the top 30 enterprises in the city, with more than 200 products in 6 categories 100, including electromechanical, metallurgy, fluoroplastics, textiles, chemicals and shoes and clothing. In 2005, the industrial sales revenue was 65.438+0.46 billion yuan, and the profits and taxes were 92.58 million yuan.

In order to build an influential port equipment manufacturing base and ship supporting equipment production base in Jiangsu Province, the town has accelerated the fission expansion of the three leading industries of "new equipment, new materials and new energy", ensuring that the scale of port equipment manufacturing industry will exceed 65.438+05 billion yuan in 2065, and the scale of new materials industry will all exceed 65.438+00 billion yuan, and the new energy industry will strive to reach 5 billion yuan; Accelerate the implementation of the "100 million yuan phalanx support plan", with Xinhantong Shipbuilding Industry and Tianshun Group as the guide, accelerate the growth of small and medium-sized enterprises, and ensure the creation of 2 enterprises exceeding 10 billion yuan, 5 enterprises exceeding 65.438+0 billion yuan, and 20 enterprises exceeding 100 million yuan, with a total number of declared enterprises exceeding 80.

The town introduced five projects with a total investment of more than 50 million yuan and absorbed private capital of 65.438+0.95 billion yuan. As a result, the Eighth Bridge has embarked on the road of agglomeration development with the shipbuilding industry as the leader and the electrical industry as the supplement. On June, 2009, 10/0, a 57,000-ton bulk carrier was launched and outfitted. This project with a total investment of 2.5 billion yuan took only two years from signing to putting into production. Driven by the new Hantong, Baqiao Town has formed a number of supporting enterprises in the shipbuilding industry, such as "marine electrical, marine cable and steel structure". These enterprises not only cover the business of local shipbuilding enterprises, but also make their business an important shipbuilding base in Ningbo, Dalian, Nantong and other countries.