On Nov 28, the Jiangyan Economic Development Zone in Taizhou signed agreements for four new projects, with a total splanned investment of nearly 2 billion yuan ($275.37 million).
In recent years, Jiangduo town in Jiangyan district has implemented various measures to promote the development of the high-temperature new materials industry, aiming to become a leading hub in the sector.
NOV (Jiangsu) Energy Equipment's oil drilling project, currently under construction, is the largest project ever established in Jiangyan district's Baimi town, Taizhou, Jiangsu province.
Taizhou Huali New Materials, a company based in the Jiangyan district, becomes the first Jiangyan enterprise with an overseas investment exceed $100 million.
On Oct 13, the Taizhou Jiangyan (Wuhan) Offshore Innovation Center was officially inaugurated in Wuhan, Hubei province, marking a significant advancement in regional collaborative innovation.
