The Taixing High-tech Zone in Taixing city, East China's Jiangsu province, held an entrepreneur symposium on July 8, with 50 well-respected entrepreneurs attending.
The accumulated tax refunds, tax and fee cuts, and tax and fee deferrals from January to May in Taixing city reached 4.16 billion yuan ($573.79 million), benefiting 77,764 market entities.
The Talent Technology Plaza in the Taixing High-tech Zone in Taixing city was recently recognized as a provincial A-level demonstration base for entrepreneurship.
The Taixing bureau of industry and information technology recently distributed special grants and funds to manufacturers that made their digital and intelligent transformation last year.
Two manufacturers based in the Taixing High-tech Zone were recently designated as model enterprises to promote the integration of informatization and industrialization of management systems.
A high-efficiency high torque permanent magnet motor manufacturing plant being developed by Jiangsu Zhonggong Research Institute of Advanced Equipment Co Ltd was recently recognized as a provincial-level pilot project.