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Data from Taixing Economic Development Zone shows way ahead

LMS
etaizhou.gov.cn|Updated: February 21, 2023

Key data for 2022

· Average investment scale: 1.28 billion yuan ($186.71 million)

· Degree to which industries with characteristics are closely linked: 83.3 percent

· Project conversion rate: 76.7 percent

Project construction in 2022

The zone signed contracts last year for 30 new projects, 15 of which were worth over 1 billion yuan and eight with foreign investment of over $30 million.

The C2/C3/C4 deep processing project of SP Chemicals Co Ltd - involving aggravate investment of 10.2 billion yuan - and the Asymchem Inc Biomedical R&D and production integration base project, costing 5 billion yuan, both broke ground in the year after signing contracts.

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