Taizhou’s bay economy, led by Taizhou Bay, Sanmen Bay and Leqing Bay, has witnessed soaring growth, becoming a top attraction for foreign investment. It is expected to generate an output value of 280 billion yuan by 2020.

Taizhou boasts a string of industrial parks, including Huangyan economic development zone, Wenling economic development zone, Yuhuan economic development zone, Xianju economic development zone and Sanmen economic development zone, all of which feature a strong industrial foundation, an advantageous location, and a good ecological environment and industrial cluster, satisfying the investment demands of both domestic and overseas investors.

Taizhou Bay Circular Economy Industrial Clustering Zone

Taizhou Bay Circular Economy Industrial Clustering Zone [Photo/zjtz.gov.cn]

Taizhou Bay Circular Economy Industrial Clustering Zone, located in the coastal area of east Taizhou, Zhejiang province, covers an area of 562.15 square kilometers, running through Linhai, Wenling, Jiaojiang district, Luqiao district and Taizhou high-tech industrial park.

As a key part of the national development strategy of marine economy, the zone aims to become a demonstration area for national circular economic development, a key zone for Zhejiang’s marine economic development, and a leading area for Taizhou’s transformation and development.

With convenient access nearby to a port, an airport, railway links and highways, the zone highlights the area’s great development potential as an industrial base. Furthermore, it boasts plentiful land resources and is ready for project construction without need for land acquisition and construction land quotas.