Shipbuilding companies in Jingjiang – a county-level city administered by Taizhou in East China's Jiangsu province – are currently on the move, forging ahead as they aim for a robust start to the year.

Taizhou city – located in East China's Jiangsu province – recently released an action plan to advance the development of a robust manufacturing sector, aiming for quality output and improved competitiveness.

Shipbuilder New Times Shipbuilding Co Ltd, a leading company in Jingjiang – a county-level city administered by Taizhou city, in East China's Jiangsu province – has secured a watershed achievement by obtaining a whopping 31 orders for oil tankers.

A polymer materials production plant was officially signed up on Dec 18 to be based in the Taizhou Medical High-tech Zone in East China's Jiangsu province.

From January to November, Taizhou city in Jiangsu province has attracted 276 projects worth over 500 million yuan ($30 million) each so far this year, according to the Taizhou municipal bureau of commerce.

Taizhou-based BioPerfectus Technologies, a high-tech enterprise specializing in molecular diagnostics, was ranked 74th in the 2022 China Top 100 Pharmaceutical Industry Rankings.

Chinese authorities have unveiled a raft of measures to strengthen financial services for private companies as part of efforts to help spur their growth.

​Taizhou Rural Commercial Bank has recently implemented a transferable loan program, utilizing digital renminbi as the transaction medium.