Taizhou unveils action plan to promote integration of YRD

chinadaily.com.cn | Updated: 2020-04-17

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Taizhou recently unveils an action plan to promote itself in the integrated development of the Yangtze River Delta.[Photo/taizhou.com.cn] 

Taizhou recently unveiled an action plan to promote itself in the integrated development of the Yangtze River Delta. 

The YRD, which encompasses the eastern Chinese provinces of Jiangsu, Zhejiang, and Anhui, as well as the Shanghai Municipality, is one of the country's most dynamic regions in terms of economic development, level of openness, and innovation capabilities. Last year, the integrated development of the region was adopted as a national strategy. 

The action plan Taizhou just released includes three major parts: 

First, it will focus on the development of the city's private sector, which makes up the lion’s share of its economic output. 

It plans to explore the coordination of policy formulation, deepen reforms and increase innovation in the private economy, and make efforts to optimize the business climate in the YRD. 

Second, Taizhou will ramp up efforts to build itself into an advanced manufacturing hub in the region. 

The city will prioritize the development of its seven pillar industries including auto parts, molds and plastics, smart toilets, and sewing equipment and seek further growth in the digital economy. 

It will enhance the sharing of innovation resources throughout the region by strengthening cooperation with universities and research institutes. 

Third, Taizhou will promote the integrated development of the YRD in a comprehensive manner. 

The city will ratchet up coordinated efforts in environmental conservation, improve interconnectivity in terms of transportation, energy, and information networks,and promote the sharing of public services in the region.