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Equipment manufacturing industrial park focuses on upgrades

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etaizhou.gov.cn|Updated: February 19, 2023

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A broad view of the high-end equipment manufacturing industrial park. [Photo/WeChat account: weigg6666]

The equipment manufacturing industrial park located in the Taizhou Port Economic Development Zone – in Taizhou city in East China's Jiangsu province – is currently focusing on upgrading its industrial development.

Last year, it generated total output value of 28.32 billion ($4.12 billion) from industries above a designated size, up 16.3 percent year-on-year. It aims to reach 32 billion yuan this year.

The output value of its auto parts sector hit 21.39 billion yuan last year, up 33 percent year-on-year, while that metric is expected to reach 25 billion yuan in the current year.

At present, the park is focusing on a "1+2+3" modern industrial system, which takes new energy automobiles and the auto parts industry as the lead – with the food and beverage with specific nutrition industry and the high-end medical equipment industry as supports – and takes intelligent network, automotive electronics, new energy vehicles as strategic emerging industries.

Plans are for the park to push its industries towards high-end, intelligent and eco-friendly development.

Furthermore, the park will stick to the real economy and take the intelligent manufacturing industry as the main direction. It will make every effort to build a collaborative platform for the automotive industry supply chain – and accelerate the intelligent and digital transformation of its manufacturers.

In addition, it will expand its cooperation with research institutes and promote the deep integration of innovation, industry, funds and the talent supply chain.


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