Up to now Taicang port area has fostered
four major industrial clusters with annual output value of more than 10
billion yuan ($1.57 billion), Taicang Daily reported recently.
The four industial clusters, namely
high-end equipment manufacturing, function materials, premium grade oil,
and papermaking industries, generated 11.5 billion yuan, 13.1 billion
yuan, 13.3 billion yuan, and 11 billion yuan in 2017 respectively, all
of which has seen double-digit growth.
The output value of the port area's
green energy industry reached 7.6 billion yuan last year, and another
10-billion industrial cluster is expected to be included in the area
Over the past few years, Taicang port
area has introduced all kinds of research institutions and issued
preferential policies to help local enterprises develop advanced
technologies and attract talents.
Head of the port area said that the area
plans to seek scale development of four major emerging industries
(high-end equipment manufacturing, function materials, green energy and
health industries) and continue supporting the development of its three
key industries, including energy, papermaking and chemical engineering
industries in the new year.