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Shaoxing绍兴

Tier 3 - Medium City

A Zhejiang manufacturing hub transitioning from textiles and chemicals into integrated circuits and specialty chemicals. Shaoxing's Binhai New Area hosts a major semiconductor fab cluster, making it an unlikely but significant IC manufacturing node.

GDP

$85B

2023

Population

5.35M

residents

Industry Output

¥45B

all sectors combined

Sectors Active

2

frontier tech sectors

Key Facts

  • SMIC operates an 8-inch wafer fab in Shaoxing (via joint venture)
  • Major integrated circuit manufacturing cluster in Binhai New Area
  • Largest textile dyeing and printing base in China, now upgrading to green processes
  • Specialty chemical production (pharmaceutical intermediates, fine chemicals)

Major Companies

SMIC (Shaoxing)

中芯绍兴

SMIC's joint venture fab in Shaoxing focusing on specialty process nodes including MEMS sensors, power management ICs, and analog chips.

Semiconductors

Founded 2018

History & Context

Shaoxing's traditional economy was dominated by textiles, rice wine (the famous Shaoxing wine), and chemicals. The city began a dramatic industrial pivot in the late 2010s when it attracted SMIC's Shaoxing joint venture fab (focusing on specialty process nodes) and other IC manufacturers to the Binhai New Area. This semiconductor cluster, built on former chemical plant land, represents one of China's most ambitious tier-3 city tech upgrades. The textile industry, rather than being abandoned, is being upgraded with green dyeing technology and smart manufacturing. Specialty chemical producers are shifting toward high-value pharmaceutical intermediates and electronic chemicals.