Taixing city – administered by Taizhou, in East China's Jiangsu province – has been picking up the pace of construction at a slew of major projects and rapid progress is reported to have been the result.
At one site, the first production line of a precision parts factory being funded by Jiangsu Shenyi Science and Technology Manufacturing Co Ltd started trial production on June 11.
"There will be three production lines in total, with an annual output value expected to hit 1 billion yuan ($139.63 million)," said deputy general manager Wang Zhongjun.
Work is ramped up at the construction site of Jiangsu Shenyi Science and Technology Manufacturing Co's precision parts factory. [Photo/article.xuexi.cn]
The other two production lines are scheduled to start production in August and November, respectively.
With a total investment of 1.22 billion yuan, the plant is rated as a major provincial-level project for the current year.
Elsewhere, Jiangsu Yanchang Zhongran Chemical Co Ltd passed a key test for the production of high-quality propene products in mid-May, with the concentration of propene produced from PDH devices reaching 99.9 percent.
New propene tanks stand ready for use by Jiangsu Yanchang Zhongran Chemical Co Ltd. [Photo/WeChat account: txfabu]
As a joint venture involving Jiangsu and Shaanxi provinces, the project has been transformed from blueprints to a completed factory within two years.
To serve the overall development of its projects, Taixing has been promoting a collaborative mechanism, strengthening the lifecycle service management of projects – and advancing the conservation and intensive evaluation of resources – winning favor with a raft of investors.