Investment features
Convenient location
The city level administration center, financial and trade center, and cultural and sport center are all located in TEDZ with a congregation of abundant human resources, technology, information and capital.
Integrated economic management power
TEDZ welcomes foreign investment. Examination and approval procedures for foreign investment can be completed by the Administrative Committee of TEDZ efficiently.
TEDZ boasts well-developed infrastructure facilities with total investment exceeding 1.5 billion yuan ($224.75 million), which makes an environment more livable, comfortable and convenient for investment and settlement.
Comprehensive development
TEDZ is composed of a provincial economic development zone, a provincial zone for Taiwan investors, and a provincial hi-tech industrial garden. TEDZ also develops emerging industries, including finance, real estate, education and the high-end service industry to realize comprehensive development.
Perfect service system
The administrative committee of TEDZ has made unremitting efforts to refine the service system. Various services are offered to bring foreign investors convenience.
Features of local industries
Automobile and motorcycle accessories
Taizhou is the largest production base for motorcycle and automobile accessories in China, producing 70 percent of the plastic accessories for footplate-type motorcycles. Over half of exported footplate-type motorcycles are produced in Taizhou. Qianjiang Motorcycle Group ranked second in domestic market share. Jili Group is the biggest economy-type car production enterprise in China.
Plastic molds
Taizhou is the largest production base for plastic molds in China, often referred to as the "land of molds" and "the kingdom of plastic". Plastic molds for automobile and motorcycle fittings, family electronic appliances, and daily necessities, account for 74 percent of the domestic market, of which the plastic molds for the TV shell occupy 50 percent.
Garment machinery
Taizhou is the largest production and export base of garment machinery in China, with international advanced quality. The inflexion sewing machine and the cutting machine have occupied about 70 percent of the global market, exported to over 100 countries and regions, including Europe, USA, Japan, Africa, Middle Asia and Southeast Asia.
Pump and valve
Taizhou also leads the production of water pumps and valves in China. Taizhou produces sophisticated small-type water pumps, accounting for about half of the domestic market. Taizhou's low-pressure copper valves occupy about 60 percent of export market and over 50 percent of domestic market.
Taizhou is also one of the biggest export and production bases for Christmas art and craft gifts. Other mainstay industries include the family electronic appliances industry, food processing, shoes, caps and garment manufacture, chemical medicine and the power industry.
Transportation
Highway
The truck roads of Taizhou are the national highway and the highway network. No. 104 National Highway, China Coastal Expressway, Shangyu-Sanmen Expressway, and Taizhou City Big Ring Road interconnect the city. It takes less than 45 minutes to travel between any two cities in Taizhou. It is only two hours from Hangzhou and four hours to Shanghai by car.
Harbor
Lying on the coast, Taizhou has always been open to the outside. Taizhou harbor is based on Haimen Harbor, with Damaiyu and Jiantiao Harbors as two wings on the northern and southern end respectively. Haimen Harbor is only two kilometers away from TEDZ, equipped with 61 berths at present, linked to the world by regular container liners. It is within 200 nautical miles to Keelung of Taiwan, Fuzhou, and Ningbo.
Aviation
TEDZ is 10 kilometers away from Taizhou Luqiao Airport, a national level two airport with 13 lines and three adjustable lines, linking 16 major domestic cities, including Beijing, Guangzhou, Shenzhen, Shanghai, Wuhan, Nanjing, Chongqing and Changsha. It takes less than two hours to drive from TEDZ to Ningbo Airport and Wenzhou Airport.