After more than 30 years of development, Taizhou has already built an industrial system featuring regional characteristics and agglomeration, produced some brand products with strong market competitiveness and established a group of modern industry clusters with outstanding industrial advantages.
Taizhou is an exemplary area in China for innovation in the field of private economy, which is the most vigorous part and outstanding feature of Taizhou’s economy.
As one of its leading industries, Taizhou has been recognized as a national auto and parts export base, national transformation and upgrading base of motorcycle and spare parts foreign trade, China's electric bicycle and parts industry base, China's auto parts industry base and China's auto supplies manufacturing base.
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.
Taizhou has good strength in the mechanical and electrical equipment industry.
Taizhou has a comprehensive home industry chain, and was named the capital of China's plastic products, European classical furniture production base in China, and capital of China's valve products.
Taizhou has experienced a rapid growth in this sector in recent years.