Zhongjiao Port in the Xinghua Economic Development Zone has been picking up the pace of market reforms, resulting in it achieving profitability for the first time last year.

President Xi Jinping highlighted on Tuesday the need to develop new quality productive forces tailored to local conditions for high-quality development, amid a new round of technological and industrial transformation.

One venture in the Xinghua Economic Development Zone was recognized as a demonstration project for 2023 Jiangsu Province Agricultural and Rural Major Project Construction.

Strong efforts are being made by the Xinghua Economic Development Zone – located in Xinghua city, in Jiangsu province – to augment its industry clusters.

Xinghua city held a special conference on high-quality industrial development on Feb 17, the last day of the Spring Festival holiday.

A new vehicle plant that has been erected in the Xinghua Economic Development Zone was recently included in the list of 2024 Jiangsu Province Major Projects.

Manufacturer Xinghua Rusong Vegetable Oil held a groundbreaking ceremony on Jan 23 for a new plant that will produce refined edible rice bran oil.

Xinghua revealed its Manufacturing Industry High-Quality Development Plan (2024-2026) on Dec 9, aiming to double its industrial sales revenue to over 200 billion yuan ($27.99 billion) by 2026.