23 Nov 2016
Taizhou (Jiangsu) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||5,787|
|GDP (RMB billion)||368.8|
|GDP Per Capita (RMB)||79,479|
|Retail Sales of Consumer Goods (RMB billion)||100.2|
|Utilised FDI (USD million)||1,066|
|Exports (USD million)||6,377|
|Imports (USD million)||3,852|
Source: Jiangsu Statistical Yearbook 2016
Taizhou is seated in the central part of the Jiangsu Province. It ranked as the 45th most competitive city in China in 2016 according to the Chinese Academy of Social Sciences.
Transportation in Taizhou is rather convenient. The Nanjing-Jinjiang-Yancheng Highway, State Highway 328, the Xinyi-Changxing Railway and the Nanjing-Qidong Railway run through the city. Yangzhou Taizhou airport offers domestic flight service and air cargo service.
The industry sector is the largest economic accelerator to Taizhou, contributing to 42% of the city’s GDP in 2015. The city focuses on petrochemicals and chemical products, pharmaceuticals and equipment manufacturing industry.
Yangzijiang Pharmaceuticals Group and Jiangsu Tailong Machinery Group are examples of the leading enterprises in the city.
Major Industrial Park / Development Zone
Taizhou Medical New and Hi-tech Industrial Development Zone (state-level)
Target industries: Pharmaceuticals, information technology, new energy, new electrical and mechanical