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Taizhou ratchets up financial support for private sector

chinadaily.com.cn | Updated: 2022-04-21

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Thirty-nine companies from Taizhou recently made the 2022 list of Zhejiang famous export brands, official statistics from the Taizhou Municipal Bureau of Commerce show.

The number accounts for 16.2 percent of Zhejiang's total and is the second largest among cites in the province.

Of the 39 listed companies, 11 are newcomers while the rest retained the honorary title after passing the annual accreditation.

Among them is Taitian Group, a national high-tech company specializing in the R&D, production and sales of tightening tools and pneumatic power equipment.

Other companies that made the list include Precious Science and Technology Group Co Ltd and Zhejiang Auarita Pneumatic Tools Co Ltd.

Zhejiang had in 2018 launched a program to select provincial famous export brands, with applicants being evaluated based on six factors – innovation capability, international standardization level of organization and production, sales volume and consumer feedbacks, global operational ability, intellectual property protection and social evaluation.