The Jiangsu Taizhou Port Economic Development Zone, covering a planned area of 28.72 square kilometers, was established in February 2002 and officially approved as a provincial-level economic development zone in April 2006. It has grown into a dynamic hub for advanced manufacturing, particularly in the fields of new energy vehicles, healthcare, and high-end equipment.
Over the years, the zone has been awarded more than 20 national and provincial titles, including designation as a National Torch Program Industrial Base for New Energy Vehicles and Components, a National High-tech Business Incubator, a National Makerspace, and a Provincial "Internet + Advanced Manufacturing" Demonstration Base.
As of the end of 2024, the zone is home to 96 industrial enterprises above designated size, 67 high-tech enterprises, 15 foreign-invested enterprises, and 24 enterprises with investment from publicly listed companies.
In 2024, the zone achieved a regional GDP of 7.84 billion yuan ($1.09 billion), marking an 8.6 percent year-on-year increase. General public budget revenue rose 12.1 percent to surpass 1 billion yuan for the first time. The total industrial output from enterprises above designated size reached 35.6 billion yuan, a 2.5 percent increase, while industrial value added grew by 15.1 percent to 4.74 billion yuan. Fixed asset investment totaled 9.86 billion yuan, up 7.12 percent. These figures consistently rank among the top performers in Jiangsu's provincial-level development zones.
The zone has developed a modern industrial system built around a "1+2" model—anchored by the new energy vehicle (NEV) industry and supported by the healthcare and high-end equipment manufacturing sectors.
The NEV sector has rapidly expanded following the establishment of Great Wall Motors' vehicle production facility. This has led to the clustering of eight core component suppliers affiliated with Great Wall, along with nearly 30 upstream and downstream automotive parts enterprises that strengthen and extend the industrial chain.
The zone has been recognized as a provincial-level NEV transmission system component cluster and a pilot zone for digital quality management upgrades. In 2024 alone, the NEV and components sector generated an output of 26.16 billion yuan, with more than 200,000 vehicles produced.
The zone has attracted a number of leading companies in the healthcare and consumer sectors, including Jiangsu Baining Yingchuang Medical Technology, China Resources Breweries, Uni-President, and Susa Food. In 2024, the total output of the healthcare industry reached 3.67 billion yuan, representing a 27.2 percent year-on-year growth.
This sector is bolstered by the presence of industry leaders such as Wanxiang Precision Industry, General Machinery, and Senci Mechanical & Electrical. These enterprises contribute to a steadily advancing manufacturing base known for its technical strength and product quality.
In recent years, the zone has successfully nurtured three national-level "little giant" enterprises, 32 provincial-level specialized and innovative small and medium-sized enterprises, and three provincial-level gazelle enterprises, known for rapid growth and innovation.
Taizhou Port Economic Development Zone. [Photo/taizhou.gov.cn]