The Taixing Huangqiao Economic Development Zone – located in Huangqiao town in Taixing city in East China's Jiangsu province – has put together formidable resources to boost its development.
Its efficient and innovative support policies and service methods have led to a raft of leading enterprises – as well as industry funds, R&D platforms and top talent – to move there.
In January 2021, the State Council released a guideline to support the development of old revolutionary bases, with Huangqiao town included. In November 2019, the provincial committee and government offered support to encourage Jiangsu province's north and south areas to jointly build industry parks.
For administrative fees, the zone implements the minimum charging standard, trying to reduce or exempt fees for manufacturers.
A slew of leading enterprises have settled in the zone, including Sunpower, Dongfang Ninesky, Dongsheng Bio-tech and Huierxin Machinery (Taixing) Co Ltd, among others.
Elsewhere, a trio of industry funds has been set up in the zone for three special industries – the lithium battery industry, the bio-fermentation and future foods industry and the intelligent wind power equipment industry.
They are a mergers and acquisitions fund, a venture capital fund and an incubation fund.
Furthermore, the zone has led some top enterprises to establish long-term cooperation relations with universities and institutions. For example, a combined working station operated by Taixing Dongsheng Bio-Tech Co Ltd and Shanghai Jiao Tong University was set up in April 2019.
A signing ceremony takes place for Taixing Dongsheng Bio-Tech Co Ltd and Shanghai Jiao Tong University. [Photo provided to etaizhou.gov.cn]
The zone has been recognized as one of the industry-university-research cooperation innovation demonstration bases in China and has attracted many top people.
In terms of service methods, the zone has a "clients come first" ethic, promulgating the idea of a "New Huangqiao, warm-hearted service". In addition, it provides customized services for manufacturers – ranging from helping them with the signing phase of projects, to the phase of them reaching design capacity.