New Times Shipbuilding is an industry leader in China. [Photo/Taizhou Daily]
Companies in Jingjiang, a county-level city under Taizhou, achieved total import and export volume of $3.35 billion from January to May, marking a year-on-year increase of 2.1 percent. Exports reached $2.94 billion, up 8 percent year-on-year, fueled by strong performance in shipbuilding, machinery, special steel, and emerging industries.
Leading Jingjiang's export growth are shipbuilding giants such as New Times Shipbuilding and Yangzijiang Shipbuilding, which continue to dominate the national market in vessel completions, new orders, and order backlogs. From January to May, New Times Shipbuilding's exports surged 40 percent year-on-year.
Jiangsu Shuangda Pump Industry also reported strong export gains, driven by its world-leading cryogenic ethylene pumps used in petrochemical and new energy sectors. Leveraging Belt and Road markets and its supply chain advantages, Shuangda's exports soared to $7.23 million in the first five months, a 1,561.5 percent year-on-year increase.
Jingjiang's electric motor sector, home to 59 major enterprises, is expanding its international footprint. Sanjiang Electric has shifted from pure exports to localized operations in Southeast Asia, with its air conditioning motors now being sold to customers in Indonesia, Malaysia, Thailand, and India. The company expects annual exports to reach $19 million, up 35 percent year-on-year.
Meanwhile, emerging industries are becoming powerful new drivers of export growth. Jiangsu Anko Optics, a leader in PC glass applications, is China's first automotive plastic glass manufacturer certified in Europe. The company's exports hit $4.53 million, a 3,000 percent year-on-year increase.
New business models like cross-border e-commerce are accelerating the expansion of Jingjiang's foreign trade. For example, Youlei Food Technology achieved a breakthrough by exporting biscuits directly to Kazakhstan and Russia, with exports totaling $186,000 in 2024.