The Party committee of the power industry alliance in the Taixing Huangqiao Economic Development Zone – located in Taixing city, in East China's Jiangsu province – has acted strategically to boost growth.
It's leveraged its competitive advantages to offer comprehensive resource services for industry-related companies this year.
In recent years, Taixing city has established 26 industry alliance Party committees to bolster the industrial supply chain with the strengths of Party building.
Through the coordination of the power industry alliance's Party committee, the zone's functional departments – along with associations such as the Huangqiao Chamber of Commerce – have visited companies in the sector and brought attractive policies to them.
The zone's enterprise service department got financial institutions in Taixing to customize special funding for companies, providing 180 million yuan ($25.18 million) in financial credit support to 13 companies.
In addition, the investment promotions department and the project service department have moved to help companies handle project approvals and opened a fast-track channel for enterprise approvals services through on-site visits.
Moving forward, plans are for the power industry alliance's Party committee to do more of the same and marshal more resources to support industrial development.