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Taixing sails ahead with $2.6 billion ocean economy

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etaizhou.gov.cn|Updated: March 24, 2026

Taixing, a non-coastal county-level city in Taizhou, Jiangsu province, has emerged as a frontrunner in the ocean economy among inland counties, achieving a remarkable ocean industry output value of 18 billion yuan ($2.61 billion) and securing the top spot in its province.

Capitalizing on its strategic location on the Yangtze River, Taixing has benefited from the national maritime power strategy by promoting high-quality development policies for the real economy. The city has optimized its marine industrial structure, boosted technological innovation and facilitated the transformation of its shipbuilding and offshore engineering sectors towards high-end, intelligent and green production.

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A vessel under construction. [Photo/WeChat account: txfabu]

Taixing Xinglong Shipping Machinery is making significant progress with its modular ship project, which involves an investment of 500 million yuan. The project focuses on producing essential components for large domestic cruise ships and liquefied natural gas carriers.

Taixing's Urban Industrial Park has become a hub for marine equipment manufacturing, hosting over 40 key enterprises and 150 supporting firms. This has resulted in the development of clusters specializing in refrigeration, environmental protection and ventilation equipment.

With an emphasis on digital transformation, Taixing is guiding specialized small and medium-sized enterprises to excel in niche markets while encouraging industry leaders to tackle technological challenges in high-value ship types. This strategic approach has solidified Taixing's position as a leader in the provincial ocean economy.

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