China National Offshore Oil Corp signed an agreement on March 18 with the Taizhou Medical High-tech Zone to build a high-grade lubricant oil plant there.
In January, the Taizhou International Container Terminal – located in the Taizhou Medical High-tech Zone – broke the record for its handling throughput.
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.
Taizhou Medical High-tech Zone will continue pursuing major projects, growth projects and important platform carrier projects, to bolster its high-quality development.
A high-end lubricant and special oil plant in the chemicals new materials industrial park in Taizhou Medical High-tech Zone was recently listed among 2024 major projects in Jiangsu.