The industry has developed rapidly, and was recognized as a national chemical raw material export base, national biomedical science and technology innovation base and national steroidal drug industry base. The industry is mainly located in Jiaojiang district, Linhai, Huangyan district, Xianju county, Tiantai county and other areas. Taizhou is committed to developing the 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 a designated scale in Taizhou is predicted to top 100 billion yuan.