Amid a challenging global trade environment, Taizhou has defied expectations with a rise in foreign investment, serving as a major catalyst for local economic expansion.

Taizhou's GDP for the first half of 2025 hit 349.86 billion yuan, a year-on-year increase of 5.7 percent.

A look at China's economy in July, 2025

This year marks the conclusion of China's 14th Five-Year Plan (2021-25), a period during which the country has made significant strides in achieving its economic and social development goals.

In the first half, China's national economy withstood pressure and faced difficulties, and the overall economic operation remained stable and steadily improving.

According to the 2024 Taizhou Government Work Report, the city's GDP is projected to surpass 700 billion yuan ($95.48 billion).

​The Chinese economy gained a firm footing in the first three quarters of this year in the face of mounting challenges at home and abroad.