Taizhou in Zhejiang province, where the private sector takes the lion's share of the city's GDP, aims to transform itself into a national high-end manufacturing hub by fostering world-class industrial clusters.

Currently, there are seven pillar industries clustered in the city, namely automotive and parts, aviation, molds and plastics, medicine and medical chemistry, intelligent toilets, pumps and motors as well as sewing equipment.

Twenty years ago, the first car manufactured by Zhejiang Geely Holding Group rolled off the lines in Taizhou. Now an industrial cluster of 6,000-plus companies involved in the automobile and parts industry spearheaded by Geely has formed in the city. Statistics show that from January to November in 2018, the industry’s profits soared by 41.3 percent compared with the previous year to reach nearly 80 billion yuan ($11.7 billion) in Taizhou.

In terms of the general aviation industry, Taizhou is home to a base for production of the Rainbow series drones, as well as BUAA general aviation industrial park and Taizhou bay airport. By 2020, the output of the drone sector in Taizhou is expected to reach 18 billion yuan while the scale of general aviation should be 4 billion yuan.

The city is also a manufacturing hub for molds and plastics, and has more than 12,000 businesses in that field generating 39 billion yuan in revenue annually. The output volumes of injection molds account for over one third of the total in China.

The annual output of the sector of pumps and motors in Taizhou has topped 40 billion yuan, with small-sized pump production first in the world by volume. The city is home to four A-share listed pump production companies out of seven nationwide.

Taizhou has 78 companies specializing in medicine and medical chemistry, 12 of which have gone public. By 2021, it aims to lift the industry's value to over 100 billion yuan.

The city is also a production base for intelligent toilets, with the sales accounting for more than a half of all such products in the country. It plans to increase the industry to 100 billion yuan by 2025.

A workshop of the production base of Zhejiang Geely Holding Group situated in Linhai, Taizhou. [Photo/taizhou.com.cn]

A staffer examines products at an intelligent toilet factory in Taizhou, East China's Zhejiang province. [Photo/taizhou.com.cn]