Driven by proactive innovation and strategic market diversification, Taixing has recorded an upward trajectory in its foreign trade. From January to August, the city's total import and export volume reached $5.16 billion, marking a significant year-on-year increase of 19.6 percent.
Local enterprises are spearheading this economic momentum by expanding into emerging markets across ASEAN, Latin America, and Belt and Road partner nations. Taizhou Yuanda Group surpassed $50 million in exports during the first eight months by upgrading its product lines and steadily fulfilling large-scale orders for European and American markets.
Meanwhile, Taixing Jinjiang Chemical Industry, a premier global acetate producer operating at high capacity, exported 458,000 metric tons valued at $370 million in the first eight months this year — up 37.7 percent and 31.3 percent, respectively — with exceptional growth recorded across Southeast Asian and South American markets.
This stellar performance is underpinned by targeted municipal policies and proactive services. Local authorities have rolled out comprehensive trade support, optimized export credit insurance, and advanced initiatives like the campaign to help enterprises expand overseas, assisting businesses in navigating complex global shifts, mitigating risks, and achieving high-quality economic development.