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Taicang’s outsourcing industry continues to grow

chinadaily.com.cn | Updated: August 7, 2013

The sixth International Outsourcing Conference was held recently in Nanjing. During the conference, Zhong Mei Guan Ke and Zhao Yan New Drug, two corporations in Taicang, successfully agreed to collaborations with target enterprises. The biomedical industry is the most promising high-tech industry and has been defined as one of the five key industries in Taicang. There are more than 50 pharmaceutical corporations in Taicang, which are financed and assisted by the Taicang government. In addition, the loft design industrial zone in Taicang has been recognized as the best in Jiangsu province and the Yangtze River area.

The technological zone of Taicang University recently received authorization, with 75 corporations already established in the zone. It seeks to become a medical Silicon Valley. The number of experts in the outsourcing industry in Taicang is now seven, representing 100 percent of the “Thousand Project”.

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