The funds for the second batch of ultra-long-term special national debts (industrial key sectors) for 2026 have been allocated, with three capital-increasing and capacity-expanding projects from the Taizhou Port Economic Development Zone in Taizhou, Jiangsu province, receiving a total of 30 million yuan ($4.43 million) in support.
The three projects span key industries such as food processing, automotive parts, and high-end textiles, with a focus on equipment upgrades, technological advancements, and green transformation.
The first one receiving support is the annual production of 30 million beverage boxes, operated by Jiangsu Susa Food. With an investment of 360 million yuan, the project will install advanced equipment, including an automatic adjustment line and a comprehensive fruit processing line.
Jiangsu Susa Food. [Photo/WeChat account: gh_1ff53eb21f0a]
The second one is the new annual production of 15 million sets of nylon and thermoplastic vulcanizate (TPV) tube automotive parts project of Jiangsu Pengling Rubber Hose.
With an investment of 65 million yuan, the project aims to improve its production capacity and the quality of automotive pipeline components by updating and purchasing equipment, including extruders and microwave vulcanization tanks.
The last one is the new high-speed embroidery thread technology renovation project operated by Taizhou Millennium Textile Technology, with an annual output of 600 metric tons. Costing 46.9 million yuan, the project will promote product upgrading and enhancement through green and intelligent process upgrades.
Taizhou Millennium Textile Technology. [Photo/WeChat account: gh_1ff53eb21f0a]