After more than 30 years’ development, Taizhou has already built an industrial system featuring regional characteristics and agglomeration effect and produced some brand products with strong market competitiveness and established a group of modern industry clusters with outstanding industrial advantages. Taizhou has become an important advanced manufacturing base in China and attracted more and more investors from home and abroad to Taizhou.
In 2016, Taizhou achieved an industrial added value of RMB 141.403 billion, an increase of 8.6% over the previous year based on the comparable prices. There were 3,597 industrial companies with main income over RMB 20 million. These companies contributed RMB 89.464 billion of industrial added value in 2016, up by 8.3% over the previous year.
In the next five years, Taizhou will conform to the information and industrialization, manufacturing and service in-depth integration, and aims at developing Taizhou brand new "5+5" industry structure. Specifically, Taizhou will focus on building five leading industry pillars with each value amounting to RMB hundred billion, including transport, healthcare, mechanical and electrical equipment, modern home, energy and resource regeneration sectors. And Taizhou will nurture five emerging industry pillars with each value amounting to RMB ten billion, including high-end equipment, electronic information, fashion and creativity, new materials, and industrial services.
- Significant Advantage of Traditional Manufacturing Industry and Outstanding Effect of Industry Chain Agglomeration
Transport industry. As one of the leading industries, it has been awarded as national auto and parts export base, national transformation and upgrading base of motorcycle and spare parts foreign trade, China's electric bicycle and parts industry base, China's auto parts industry base, China's auto supplies manufacturing Base and so on. In 2015, the total annual industrial revenue by industrial enterprises above state designated scale in Taizhou reached RMB 50.550 billion. The industry concentrated in Linhai, Luqiao, Wenling, Yuhuan, Huangyan and so on. Taizhou is actively building the country's most important transportation industry production and export base, focusing on the development of automotive vehicles, new energy vehicles, motorcycles, electric vehicles, auto parts, new energy, automotive key parts and other plates. By 2020, Taizhou Transportation Industry plans to achieve RMB 130 billion as the total annual revenue by industrial enterprises above state designated scale in Taizhou.
Healthcare industry. The industry has developed rapidly, and was awarded as national chemical raw material export base, national biomedical science and technology innovation base, national steroidal drug industry base and so on. In 2015, the total annual revenue by industrial enterprises above state designated scale in Taizhou achieved RMB 44.520 billion. The industry is mainly located in Jiaojiang, Linhai, Huangyan, Xianju, Tiantai and other areas. Taizhou is committed to develop national preparations export base and The capital of China Green medicine, by focusing on the development of high-end bulk drugs, chemical agents, biomedicine, Chinese traditional medicine, medical equipment, health industry and other sub-sectors. By 2020, the gross annual revenue by industrial enterprises above state designated scale in Taizhou is forecasted to RMB 100 billion.
Mechanical and electrical equipment industry. Taizhou has marvelous strength in the mechanical and electrical equipment industry. In 2015, Taizhou has achieved RMB 55.040 billion as the gross annual revenue by industrial enterprises above state designated scale. Taizhou is targeting the machine tools, pumps and motors, agricultural machinery, air compressors, sewing equipment and other mechanical and electrical equipment sub-sectors. By 2020, Taizhou is committed to become national major mechanical and electrical equipment industry base and contribute RMB 80 billion as the gross annual revenue by industrial enterprises above state designated scale.
Modern home industry. Taizhou has a comprehensive home industry chain, and was awarded as Capital of China's plastic products, European classical furniture production base in China, Capital of China's valve products. In 2015, the gross annual revenue by industrial enterprises above state designated scale in Taizhou achieved RMB 53.430 billion. Towards green, low-carbon, intelligent-oriented, Taizhou aims to develop intelligent refrigerator, freezer, air conditioning, microwave ovens, washing machines and other home appliances, and create a business card for Taizhou. By 2020, it is forecasted to achieve RMB 80 billion as the gross annual revenue by industrial enterprises above state designated scale in Taizhou.
Energy and Resources Recycling Industry. Taizhou has experienced a rapid growth in this sector in recent years. In 2015, Taizhou reached RMB 47.349 billion as the gross annual revenue by industrial enterprises above state designated scale. The sub-sectors include the nuclear power, solar energy, wind energy, tidal power generation, resource recycling, which are mainly located in Sanmen, Jiaojiang, Yuhuan and other blocks. By 2020, it is planned to achieve RMB 80 billion of gross annual revenue by industrial enterprises above state designated scale in Taizhou.
- Rapid Strategic Emerging Industry Development Leads High-end Industrial Development
High-end equipment industry. Taizhou has a strong equipment manufacturing industry base. In 2015, Taizhou achieved RMB 13.101 billion of gross annual revenue by industrial enterprises above state designated scale. It is focused on the rail transportation, high-end mold, marine engineering equipment and high-end ships, industrial robots, automation equipment and key infrastructure parts, aviation manufacturing and other fields. This industry is mainly located in Tiantai, Wenling and other blocks. By 2020, Taizhou aims to achieve RMB 30 billion of the gross annual revenue by industrial enterprises above state designated scale.
Electronic information industry. Taizhou is accelerating the construction of three major electronic information bases including Wenling intelligent equipment electronics industry, Jiaojiang photoelectric industry, and electronic material industry in the development zone. By 2020, Taizhou aims to achieve RMB 35 billion of the gross annual revenue by industrial enterprises above state designated scale.
Fashion and creativity industry. Taizhou has been awarded as China's leisure products gift production base, capital of China's arts and crafts, capital of China's weaving art, China's hat industry city, China's glasses spare parts production base, China's footwear export base and so on. In 2015, this industry achieved RMB 15.14 billion of gross annual revenue by industrial enterprises above state designated scale. By 2020, Taizhou aims to achieve RMB 25 billion of the gross annual revenue by industrial enterprises above state designated scale.
New material industry. Taizhou new material industry showed a steady growth trend. In 2015, the industry achieved RMB 4.234 billion of the gross annual revenue by industrial enterprises above state designated scale. Focused sub-sectors include new electronic materials, green building materials, advanced polymer materials, high-performance composite materials and eco-friendly materials. By 2020, Taizhou aims to achieve RMB 10 billion of the gross annual revenue by industrial enterprises above state designated scale.
Industrial service industry. Taizhou aimed at five areas including the e-commerce, industrial design and development, industrial testing, industrial Big Data and modern logistics, so as to create a comprehensive industrial service structure. By 2020, Taizhou aims to achieve RMB 30 billion of the gross annual revenue by industrial enterprises above state designated scale. To become national leading e-commerce industry cluster, Taizhou plans to take the lead in the e-commerce, industrial testing, and modern logistics areas.
