A high-tech production line swings into gear in Yangquan city. [Photo/Yellow River News]

Investment in high-tech manufacturing in Yangquan city – located in North China's Shanxi province – increased by 11.6 percent in the first half of the year, according to the municipal bureau of statistics.

The growth was attributed to policy guidance and financial support, particularly in the Yangquan High-Tech Industrial Development Zone and in the Quandong New Energy Industrial Park.

Key projects like the 10 gigawatt hours dual-use, high-end solid-state lithium sodium ion battery production line are said to have played a significant role.

High-tech manufacturing investment now accounts for 11.7 percent of industrial investment and 4.9 percent of total city investment, boosting total industrial investment and total investment by 1 and 0.4 percentage points, respectively. Projects exceeding 100 million yuan ($13.77 million) – which make up 93.6 percent of the investment, grew by 5.5 percent, contributing 5.4 percentage points to overall growth.

Overall, these major projects were deemed to be the core drivers of the increase in high-tech manufacturing investment.