The Taizhou branch of the People's Bank of China helped with a 50 million yuan ($7.02 million) transformational financial loan by the Taizhou branch of Huaxia Bank to Apical Oleochemicals (Taixing).
Taizhou city in Jiangsu province held its Taizhou Day activities on Oct 12 in Nanjing Tech University, which is located in Nanjing city, capital of the province.
The groundbreaking ceremony for a new polyolefin elastomer plant that will produce 100,000 metric tons per year took place in the Taixing EDZ on Sept 26.
Since the founding of the People's Republic of China 75 years ago, the nation has realized historic strides in economic strength, composite national strength and global influence.