This paper aims to study and analyse the performance of industrial cluster development during the fiscal year of 2012,and proposes stages and indicators for an industrial cluster life cycle to guide more appropriate policy for further enhancement of industrial cluster development.The support of industrial cluster improves their competitiveness and also raises productivity in term of increased sales,cost reduction,and creativity. The performance of industrial cluster development is financially and economically feasible.The industrial cluster life cycle should take an average of 19.14 years:2.90,4.43,6.76, and 5.05 years for initial,developing,mature,and transformation stages,respectively.