New Materials Industry
The new material industry has a foundation in Changde, but it is still in its initial stage. It has formed into an industry with more than 20 material industries, among which the majority are aluminum industries. In 2007, the total output value of the whole aluminum industry reached 4 billion Yuan, with the added value of about 1.2 billion Yuan. In addition, in Changde, there are about 20 new material industries, with the output value of 500 million Yuan. In recent years, a large number of new material enterprises relying on advanced technology and excellent quality of products, have explored the domestic and foreign markets, and has brought great economic benefits. In the foreseeable future, the new material industry will become a profitable industry in Changde, which will push forward the new-type of industrialization, such as equipment manufacturing.