The Jiangyan Economic Development Zone in Taizhou is leading efforts in Jiangyan district to advance industrial upgrading, foster technological innovation, and enhance openness to global markets. Positioned as a key player in regional growth, the zone is making notable progress in establishing itself as a hub for high-quality development.
An aerial view of Jiangyan EDZ. [Photo/WeChat account: gh_d6cb78f80c03]
To attract cutting-edge projects, the zone is refining its investment strategies and adopting innovative approaches, such as utilizing investment funds and leveraging business networks. Dedicated service teams have been established to provide end-to-end support for projects, ensuring swift commencement of operations.
Aligned with its goal of driving new industrialization, Jiangyan EDZ is accelerating transitions in digitalization, innovation, and capital investment. The zone aims to create a dynamic innovation cluster anchored by leading enterprises, with high-tech firms serving as the core and technology-focused small and medium-sized enterprises as the backbone. By encouraging high-quality companies to engage with multi-level capital markets, the zone is creating a ripple effect across the district, cultivating new quality productive forces.
Jiangsu Fuhao Electric Co, a manufacturer of lightweight aluminum alloy components for electric vehicles, exemplifies this transformation. In recent years, the company has embraced intelligent and digital transformation, upgrading equipment, and advancing technological development. With intelligent upgrading for some equipment, the company has improved the quality of its products and achieved a substantial increase in production efficiency.