Updated in Dec, 2024

[Photo provided to chinadaily.com.cn]

Taicang is a county-level city under the jurisdiction of Suzhou. It is close to the Yangtze River to the east and borders Shanghai on the south. 

In the first 11 months of 2024, Taicang's industrial investment increased by 20.2 percent year-on-year, ranking first in growth rate among Suzhou's sectors. Taicang has already invested 29.61 billion yuan ($4.06 billion) in major construction projects, 108.6 percent of its annual target. The city's foreign trade reached 110.69 billion yuan, up 12.3 percent year-on-year and leading Suzhou.

With an advantageous location and prosperous economy, Taicang is one of the most valuable places for investment and development in the YRD region. The city's three main priorities are developing its ports, integrating with Shanghai, and cooperating with Germany. It is also focusing on building a modern garden city called Felicific Taicang,

Taicang aims to develop Two Highlands, Two Cities, which means a highland for scientific innovation, a highland for trade and logistics, a prototype garden city, and a pilot city for Sino-German cooperation.

To keep its economy growing quickly and steadily, the city has established major development areas for high-end equipment manufacturing, new materials, bio-medicine, and headquarters economy. The government is also promoting the development of aviation parts manufacturing and artificial intelligence.