The Taixing Huangqiao Economic Development Zone will accelerate the transformation of its three major industrial clusters towards the deep integration of production and innovation.
The bio-fermentation and future food industry in the zone generated 268 million yuan ($39.4 million) in invoices and 180 million yuan in tax revenue in the first four months.
The Jiangsu Province Capital Increase and Production Expansion Strategic Emerging Industry Fund was launched on May 8 and is expected to provide financial support for improving industrial quality and efficiency for high-quality enterprises.
Huangqiao town in Taixing was once known as an industrial hub, but now it has added a new business card of "green new city", buoyed by the practices of green transformation implemented by the Taixing Huangqiao Economic Development Zone.
