The financial sector of Taizhou city in East China's Jiangsu province started the year with gusto, maintaining stability and steady growth, according to statistics recently released by the Taizhou branch of the People's Bank of China.

Taizhou city really excelled at the recent 135th China Import and Export Fair, or the Canton Fair, raking in millions of dollars of business deals.

​Taizhou city experienced robust economic growth in the first quarter, with its gross domestic product or GDP hitting 175.25 billion yuan, representing a hefty year-on-year increase of 7.3 percent.

​The Taizhou international container terminal set a new record for handling containers in the first quarter.

Taizhou city achieved record-breaking milestones this year with 27 projects listed as major provincial projects – 24 of which are underway.

Taizhou city in East China's Jiangsu province made a strong presence at the first phase of the 135th China Import and Export Fair, or Canton Fair – held from April 15-19, with 146 of its businesses taking part.

Manufacturer Jingjiang Special Steel Co Ltd recently got international recognition that is expected to cut costs and boost profits going forward.

​Data from the Taizhou municipal bureau of statistics – located in the city of the same name in East China's Jiangsu province – recently revealed a great January and February in the economy of the city.