Taizhou electronic information park thrives

An expansive exterior view of the Taizhou Electronic Information Industrial Park.

The Electronic Information Industrial Park of Taizhou – formerly the Taizhou Economic Development Zone (Comprehensive Free Trade Zone) – is located in East China's Jiangsu province and covers a planned construction area of 31.4 square kilometers.

It boasts a full array of services functions. These include strong policy support and fast customs clearances – enabling the park to carry out processing, manufacturing, bonded R&D, cross-border trade, warehousing, logistics and other businesses efficiently.

In recent years, the park has concentrated on electronics information, intelligent manufacturing – in which it has two leading sectors – and the modern services industry.

In so doing, it has attracted leading enterprises like Lens Technology, Juteng Technology and cultivated many fast-growing enterprises including Nari Turbostar Electronic and Xinyuan Electric Equipment.

At present, it is home to 89 above-standard industrial enterprises, 36 above-standard service enterprises and 34 strategic emerging industry enterprises.

The park has formed a modern industrial system supported by leading industries, guided by strategic emerging industries and with the modern service industry as a focal point.

In 2021, the regional GDP of the park reached 12 billion yuan ($1.72 billion), with the industrial output value of industries above a designated size up to 32 billion yuan. The actual utilization of foreign capital went up to $108 million and the value of trade above a designated size rose to 16.4 billion yuan.