The city of Taizhou in east China’s Jiangsu province has made unremitting efforts to gather momentum in the sustained growth of the pharmaceutical industry since the 18th National Congress of the Communist Party of China.
China Medical Town, a pharmaceutical hi-tech zone in Taizhou, contributes 18.4% of the city’s GDP with 7% of the city's land area and create 28.7% of the total industrial output value above the designated size with 13.5% of the city's industrial use of electricity.
The pharmaceutical hi-tech zone has gradually formed characteristic industrial clusters such as vaccines, diagnostic reagents, and biological drugs by attracting more than 1,000 domestic and foreign pharmaceutical companies and more than 100 pharmaceutical R&D institutions, and introducing more than 4,300 high-level biomedical talents from home and abroad.
Focusing on a strong industrial city and characteristic development, Taizhou has made unremitting efforts to build a large health industry system and four major industrial clusters, including marine equipment and high-tech ships, auto parts and precision manufacturing, chemicals and new materials, photovoltaics and lithium batteries.
In the past ten years, the innovation and transformation have achieved remarkable results. The output value of the pharmaceutical industry and the completion of shipbuilding have ranked first among prefecture-level cities in the country. The number of enterprises above designated size has increased from 2,497 to 2,988.
In the past ten years, Taizhou has accelerated the formation of a new pattern of regional integrated development while developing its economy. The Taizhou Yangtze River Bridge and the Yangzhou-Taizhou Airport was opened to traffic, the Changzhou-Taizhou Yangtze River Bridge and the Jiangyin-Jingjiang Yangtze River Tunnel were under construction, providing a solid foundation for promoting cross-river integration and integration into the Yangtze River Delta.
Taizhou has continued to improve the overall development level of urban and rural areas. In 2021, the urbanization rate of the permanent population reached 68.64%, an increase of 10.7 percentage points over 2012.
Taizhou has also continued to promote the construction of a livable city, promote education for the benefit of the people, improve the level of medical security, and improve the ability of old-age security to further demonstrate the development temperature and enhance the sense of happiness.
Over the past 10 years, Taizhou has reported a regional GDP of 600 billion yuan, and the per capita disposable income of urban residents has increased by 8.3% annually. In 2021, Taizhou was once again ranked among the "Happiest Cities in China" with people's satisfaction with the construction of the basic public service system ranking first in the province.
