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Fixed assets investment in Jingjiang city up 13 percent in 2023

LMS
etaizhou.gov.cn| Updated: January 15, 2024

Official data shows that Jingjiang's industrial invoicing exceeded 200 billion yuan ($28 billion) for the first time and its fixed-asset investment grew 13 percent year-on-year to 51.9 billion yuan in 2023.

Jingjiang is a county-level city of Taizhou city in East China's Jiangsu province.

Jingjiang has been driving high-quality growth through the construction of major projects. Last year, the city took steps to promote major investment projects, extend industrial chains and create new value chains.

It is now striving to further consolidate its cutting-edge sectors, develop emerging industries, digitalize traditional businesses and speed up the construction of a modern industrial system.

An intelligent production line project of the New Times Shipbuilding Co brought in 20 billion yuan in investments to Jingjiang. The efficiency of the shipbuilder has also been greatly improved due to the introduction of digital and intelligent equipment.

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An intelligent production line of the New Times Shipbuilding Co in Jingjiang, Jiangsu province. [Photo/zhjjwx.jsjjw.cn]

The city's emerging industries, such as the new energy, new materials and big health, also contributed significantly to the growth in fixed asset investment. 

A group of high-end manufacturing projects that improve the industrial chain have also been gathered to form a cluster with core competitiveness.


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