Taixing, a county-level city in Taizhou, Jiangsu province, has achieved a historic breakthrough, with its gross domestic product (GDP) exceeding 150 billion yuan ($21.73 billion) in 2025.
The city also maintained its top ranking among county-level administrative divisions north of the Yangtze River in terms of general public budget revenue for the eighth consecutive year, with 10.12 billion yuan.
Over the past five years, Taixing's GDP has surged from 112.74 billion yuan in 2020 to 151.66 billion yuan in 2025, reflecting robust growth.
Yan Ronghua, director of Taixing Development and Reform Commission, noted that this sustained economic expansion will drive industrial chain upgrades, expand consumer markets, accelerate resource mobility, and enhance the city's reputation.
Project development remains central to Taixing's industrial strategy. In 2025, the city secured 190 projects — each valued at least 100 million yuan — in new signings, 120 new starts, and 90 that were completed that year.
Six projects were listed as provincial key industrial initiatives. The container project launched by CXIC Group in Hongqiao Industrial Park, Taixing's largest venture in 2025, benefited from accelerated construction and efficient approval services, targeting a June 2026 launch.
Innovation fuels industrial modernization. Taixing has integrated technological advancement with its "333" modern industrial system — consolidating three signature industrial clusters, making breakthroughs in three strategic emerging sub-sectors, and accelerating the expansion of three future-oriented industries.
It also established Jiangsu's first chemical pilot base, operationalized the Yangtze Delta Medical Advanced Technology Innovation Center, and advanced bio-fermentation and future food research.
Meanwhile, seven new provincial engineering centers and six offshore innovation hubs were set up last year, while a collaborative R&D mechanism connecting enterprises, experts, and government resolved numerous core technical challenges.
The city boosted its R&D investment to 2.9 percent of GDP, with high-tech industries contributing over 55 percent of the industrial output of companies above designated size — those with annual revenue of at least 20 million yuan. Financial products and a 50-million-yuan innovation fund supported disruptive projects, fostering a thriving ecosystem of tech startups and leading enterprises.
Taixing aims to sustain this momentum by focusing on innovation-driven growth, ensuring balanced economic progress for regional development.