Taizhou city is gearing up to promote intellectual property, or IP, development, encouraging financial institutions to provide IP financing support of at least 1.5 billion yuan ($218.17 million) to companies.
Deploying the widespread use of new technologies, the Taixing Economic Development Zone is well on the path to its transformation and upgrading into a smart zone.
Six major projects in the Taixing Economic Development Zone – located in Taixing city in East China's Jiangsu province – broke ground on Feb 18, with a total investment of 3.32 billion yuan ($480.51 million).
The Taixing Economic Development Zone – located in the county-level city of Taixing, under the administration of Taizhou, in East China's Jiangsu province – is a provincial EDZ with a planned area of 59.8 square kilometers.
