Five container-sized modules resembling trucks were recently spotted in Dainan town, Xinghua, housing golden-yellow fungus resembling chrysanthemums on shelf-like racks.
Focusing on the R&D and production of high-performance intelligent electronic and mechatronic products, such as harmonic reducers and servo motors, the project plans to construct an 80,000-square-meter facility.
The groundbreaking ceremony for the automotive parts and components manufacturing project by Zhongke Tianhang (Jiangsu) Precision Engineering Co Ltd was held in Xinghua's Chenbao town on Oct 15.
Chen Fengjian, Party secretary of Xinghua, led a delegation to Singapore and Thailand to conduct economic and trade investment exchanges from Aug 23 to 29.
Xinghua, a county-level city administered by Taizhou, Jiangsu province, is building on its existing strengths to establish itself as a benchmark for innovation and quality in the sector.
This year marks the conclusion of China's 14th Five-Year Plan (2021-25), a period during which the country has made significant strides in achieving its economic and social development goals.
