The Taixing High-tech Zone. [Photo/WeChat account: txfabu]
The Taixing High-tech Zone in Taixing, Jiangsu province, is accelerating the construction of a cluster of specialized and sophisticated enterprises that produce new and unique products. It is striving to create a "Smart Innovation New City".
The zone regards projects construction as a top priority and hopes to sign agreements for 32 new projects worth over 100 million yuan ($13.97 million) each, break ground on 22 projects worth over 100 million yuan each and complete the construction of 14 projects worth over 100 million yuan each throughout the year, said Jiang Jie, secretary of the zone's Party working committee.
It will promote the steady development of the semiconductor key equipment industry, the clustering of the automotive part industry, and the initial development of future industries such as the low altitude economy and computing power economy.
Efforts will also be made to improve the quality of projects and industries, boost innovation and improve the business environment.
The zone strives to achieve a year-on-year increase of 8 percent in industrial invoice sales revenue and utilize $20 million in foreign capital throughout the year.
The zone will also plan to develop expertise in operating the scientific and technological innovation carriers of its offshore innovation center in Shanghai, its headquarters economic industrial park, and its inspection and testing industrial park to incubate and commercialize more potential projects and technological achievements.