Jingjiang Southern Industrial Park – situated in the Jingjiang Economic and Technological Development Zone in Taizhou city, in East China's Jiangsu province – is ramping up efforts to accelerate its industrial transformation and boost its high-quality development.
The park is focusing on key industries – including auto parts, new energy and intelligent manufacturing and photoelectricity. As a result, it has attracted eight premium projects this year, further expanding its intelligent manufacturing industry cluster.
Projects such as the intelligent hydrogen energy industrial park worth $30 million, an automotive lightweight structural parts intelligent manufacturing complex costing 2.08 billion yuan ($294.4 million) and the intelligent centrifuge production and diagnostic center project worth 3 billion yuan, are currently under construction.
Visitors throng to the Jiangsu Hengyi Industrial Technology Co Ltd's stand at the 2023 Shanghai auto show in April. [Photo/WeChat ID: jingjiangfabu]
Resident companies in the park are also thriving, with Jiangsu Hengyi Industrial Technology Co Ltd, for instance, becoming the main domestic battery box tray supplier for major Chinese automakers including SAIC and BYD.
Meanwhile, the Jiangsu Hengli Group has a newly developed hydraulic drum, hydraulic disc brakes and hydraulic power EHB products, ensuring ample orders.
Moving forwards, plans are in motion for the Jingjiang Southern Industrial Park plans to optimize its business environment and bolster its business entities.