Taixing city has made continuous efforts to cultivate tech-based enterprises and this year the city has newly added 766 provincial-level tech-based small and medium-sized enterprises.
Seven products manufactured by companies based in Taixing city recently received much-prized Jiangsu Premium Brand Certification from provincial government departments.
Companies Yatai Pump & Valve Co Ltd and Dongsheng Biotech (Taixing) Co Ltd, both located in Taixing city recently received a total of 4.08 million yuan ($557,773) in central financial funds.
Twenty-eight companies were recently recognized as key logistics enterprises in Jiangsu province in 2023, with one operating out of Taixing city included in the list.
More projects are advancing construction this year in Taixing city – administered by Taizhou city in Jiangsu province – to further shore up the local economy.