The Taizhou Port Economic Development Zone, covering a planned area of 28.72 square kilometers, was established in February 2002 and officially approved as a provincial-level economic development zone in April 2006.

The Xuzhuang subdistrict is capitalizing on its prime location this year to harness the raft of opportunities being presented by the digital economy.

Recognizing the need for affordable and accessible housing, Taizhou has launched an initiative offering free accommodation to young talents seeking employment or entrepreneurial opportunities within the city.