The Taizhou Port Economic Development Zone, or Taizhou Port EDZ – located in Taizhou city in East China's Jiangsu province – has remained in a leading position in the province, as indicated by the latest data.
Key data for 2022
• Regional GDP: 10.6 billion yuan ($1.56 billion), an 8 percent increase year-on-year;
• Industrial output value of industries above a designated size: over 28 billion yuan, a 16.3 percent increase year-on-year;
• Value added of industries above a designated size: 6.92 billion yuan, up 13.6 percent year-on-year;
• General public budget revenue: 576 million yuan, up 28.6 percent on the previous corresponding period.
Leading developments in 2022
• Seven resident companies recognized as specialized and sophisticated small to medium-sized enterprises, or SMEs.
• The automobile and parts industry grew steadily, accounting for 75.5 percent of the industrial output value of industries above a designated size.
• The second phase of the Great Wall Motor vehicle expansion project started operating, with an annual cumulative output value of 15.9 billion yuan, up 39 percent year-on-year.
The annual output value of newly completed and operations started core components businesses, such as the Exquisite Automotive Systems Company Limited, topped 500 million yuan.
• A number of projects started construction, including an automotive parts intelligent industrial park with a total investment of 1.05 billion yuan.
Key data for 2021
• Regional GDP: 9.82 billion yuan, a 41.8 percent increase year-on-year;
• Total industrial billing sales: 26 billion yuan, a year-on-year surge of 190 percent;
• Utilization of foreign investment: $85.8 million;
• Public finance budget income: $709 million, up 89.3 percent year-on-year.