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Jingjiang zone promotes its industrial development

etaizhou.gov.cn|Updated: May 15, 2023


Moving forwards: A panoramic view of the Jingjiang Economic and Technological Development Zone. [Photo/WeChat ID: jingjiangfabu]

The Jingjiang Economic and Technological Development Zone, located in Jingjiang city – a county-level city administered by Taizhou city, in East China's Jiangsu province – has posted a strong performance in its industrial development in the first quarter of the year.

In Q1, its investment promotions team checked out big high-tech enterprises engaged in intelligent vehicles equipment manufacturing, aviation, electric motors production and in equipment manufacturing in Shenzhen city and in the provinces of Hunan and Sichuan in order to attract more investment.

In the wake, the Jingjiang Economic and Technological Development Zone will focus on the Beijing-Tianjin-Hebei Urban Agglomeration, as well as the Yangtze River Delta Region and the Guangdong-Hong Kong-Macao Greater Bay Area, to attract State-owned enterprises and big private enterprises to settle there.

It aims to attract foreign investment from the United States, Japan, Europe and countries involved in the Belt and Road Initiative by developing a series of high-quality projects. The aim is to ensure that more than six provincial major projects receive actual utilization of foreign capital worth $320 million.

Currently, the development zone is working on developing a series of projects that have pioneering advantages in cutting-edge industries.

This will drive the expansion of future industries in the high-end equipment manufacturing, comprehensive health and new energy and other sectors – establishing 52 projects each worth more than 500 million yuan ($71.8 million).

By enhancing its services and fortifying its platforms, the development zone aims to continuously optimize its business environment.

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