The 2024 National Machinery Industry High-Quality Development Conference, a major gathering for China’s machinery industry, was held in Hangzhou on December 11. Over 300 industry leaders participated in the event. A highlight of the event was the Third QICM National Product Quality Innovation Awards Ceremony, where nine Hangzhou-based companies received gold and silver awards, underscoring the city’s ambition to become a world-class hub for advanced manufacturing.

Manufacturing is the backbone of a nation’s economy. As the world’s largest manufacturing powerhouse, China is now focused on upgrading its industrial foundation and fostering new quality productive forces to drive the high-quality growth of its manufacturing sector. This was a key topic of discussion among corporate representatives and industry experts at the conference.

Hangzhou is dedicated to fostering five major industrial ecosystems, including high-end equipment. By clustering related companies and cultivating internationally competitive industrial clusters, the city aims to become a global manufacturing hub. Hangzhou is home to numerous industry leaders in equipment manufacturing, including Hangyang Group, Hangzhou Turbine Power Group, and Hangcha Group. At the conference, the China Machinery Industry Federation (CMIF) announced the winners of the 3rd National Machinery Product Quality Innovation Awards. Several innovative products and projects, characterized by cutting-edge technology, consistent quality, high reliability, and strong adaptability, were recognized. Notably, nine Hangzhou-based companies secured gold and silver awards.

Among them, Hangyang Compressor Co., Ltd. secured the only gold award for its innovative 3000-5000 Nm³/h oxygen compressor with a labyrinth sealing system. The other eight Hangzhou-based winners, including Hangyang Cryogenic Vessel Co., Ltd., Donghua Chain Group, Hangcha Group, Hangzhou Turbine Power Group, and Zhejiang Wanma Co., Ltd., received silver awards.

Hangyang Group’s gold award-winning oxygen compressor, the first domestic model with a 3000-5000 Nm³/h capacity and labyrinth sealing system, has broken the foreign monopoly and filled a vital gap in the Chinese market. According to a representative from the company, Hangyang Group will continue to invest in core technology. The company aims to become a global leader across the entire industrial gas value chain, from engineering to basic and advanced equipment and gas production, by consistently delivering superior quality.