Tai'an sets eyes on high-quality industrial economy
China DailyTai'an in Shandong province held a media tour from Aug 1 to 2 to showcase its achievements and experiences in developing new-type industrialization. From January to May this year, the city's industrial investment increased by 31.9 percent year-on-year, 21.7 percentage points higher than the provincial average and the second highest in Shandong in terms of growth rate. Launched on June 16, Taishan Industrial Reception Hall is one example of the city's endeavor in advancing new-type industrialization. Other key measures Tai'an has taken to develop new-type industrialization include doubling the main business income and the number of industrial enterprises above designated size, formulating a package of inclusive policies and providing support for characteristic industrial projects, parks, enterprises and platforms through tailored services. For instance, Shandong Taikai Investment Casting, Tai'an Taihe Electric Equipment and Tai'an Taishan High-voltage Switchgear have cooperated to produce core components of high-voltage switches.