​Taizhou Customs recently reported that the city's foreign trade volume hit a record 69.3 billion yuan ($9.54 billion) from January to May – a 27.5 percent year-on-year increase that ranked it third in East China's Jiangsu province.

​The customs office in Taizhou city has over the past year waived over 20 million yuan ($2.76 million) in fines imposed on 18 companies, in a bid to business activity in the area.

The offices of shipbuilder Yangzijiang Shipbuilding Holdings Co Ltd, based in Jingjiang city, have been abuzz in recent days with positive news.

​Trade with countries involved in Belt and Road Initiative conducted by Taizhou city soared to 34.35 billion yuan ($4.74 billion) in the first four months of the year, a whopping 72.6 percent increase on the same period last year.

​Company Taizhou Xincheng Equity Investment Management Co Ltd received approval for Qualified Foreign Limited Partnership, or QFLP pilot status on May 22 – becoming the first enterprise to do so in Taizhou city, located in China's East Jiangsu province.

Jiangsu Yangzi Xinfu Shipbuilding Co recently undertook the construction of three of the world's largest 99,000-cubic meter capacity very large ethane carriers.

​Taizhou city held a press conference on May 17 to introduce new fiscal + financial policies aimed at enhancing its financing services and supporting local business.

​Several local authorities including the bureau of commerce in Taizhou city released trial guidelines for the application of regional assessment results on May 17, to improve project approval efficiency and reduce the burden on business.