Amid a national push for industrial modernization, enterprises in Taixing, Taizhou, Jiangsu province, had launched 176 expansion and technology upgrade projects, each valued at 5 million yuan ($744,824) or more, as of late August.
A 500-million-yuan ($74.48-million) pilot incubation park has opened in Taixing Economic Development Zone, designed to close the gap between laboratory breakthroughs and commercial production in the chemical new materials sector.
A specialized chemical hub in Taixing Economic Development Zone has bucked a nationwide industry slump, posting 50.9 billion yuan ($7.54 billion) in first-half sales, up 2.9 percent year-on-year.
Taixing, a county-level city in Taizhou, Jiangsu province, has signed 105 projects each valued at over 100 million yuan ($14.81 million) in the first half of this year.
The county-level city of Taixing in Jiangsu province has laid out an industrial plan for the next five years, targeting three clusters, each valued at over 100 billion yuan ($14.74 billion) by 2030.
Jiangsu Xingfumen Biotechnology in Taixing, a county-level city in Taizhou, Jiangsu province, is set to revolutionize the grain and oil processing sector in the Yangtze River Delta (YRD) region with a massive 1 billion yuan ($146.41 million) investment.
The CXIC container project, developed by CXIC Group, is set to revolutionize the container manufacturing industry with a massive 5-billion-yuan ($726.51 million) investment.
