| In 2003 the industrial enterprises of Taizhou achieved gross industrial output value (GIOV) of RMB 254.4 billion, 16.94% above that of the previous year and industrially added value of RMB 52.032 billion, up 16.2%. The state-owned enterprises and the private industrial enterprises with annual sales income of RMB 5.0 million and more created GIOV of RMB 95.582 billion, 24.1% above 2002. In the same year there stood 155 industrial enterprises with GIOV . |
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| topping RMB 0.1 billion in Taizhou, 41 above that of the previous year, which achieved GIVO of RMB 46.254 billion. Besides, the proceeds of sale by 10 enterprises topped RMB 1.0 billion. Its above-scale manufacture GIOV reached RMB 90.72 billion, 24.6% above that of 2002, accounting for 94.9% of its above-scale GIOV |
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| Export-Oriented Economy - The indirect export value by above-scale industrial enterprises of Taizhou in 2003 added up to RMB 33.752 billion, 40.49% above that of 2002, and 36.2% of sales value, |
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| Stock Issuance - By the end of 2003, there had been 4 listed companies, that is, Qianjiang Motorcycle Group, Hisun Pharmacy, Tengda Construction and Huahai Pharmacy and guidance have been given to 12 enterprises for issuance of shares. |
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| Brand Product - New breakthrough was made in building brand names of its industrial products. By the end of 2003 Taizhou had been possessed of 5 Chinese Brand Products, 4 China Famed Brands, 5 Inspection-Free Products of China, 65 Brand Products of Zhejiang and 94 Brand Products of Taizhou. 48 industrial products made in Taizhou headed China in market share. |
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| Construction of advanced manufacture bases |
| Taizhou is the birthplace of Chinese shareholding economy and as well one of the key manufacture bases of Zhejiang. It has currently formed its massive economy and industry assemblage with local characteristics. |
| op 10 Pillar Industries in Taizhou: vehicle fittings, medicinal chemicals, plastics and dies, household appliances, clothing machines, pumps and valves, craftworks and gifts, foodstuff processing, footwear, caps and apparels, electric power |
| The goal of Taizhou in building manufacture bases is: to build top 10 national-level bases of industrial products and the largest electric power base of East China via efforts of 5 years. |
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| Land of Economy Cars - to be the major producing base of motors and fittings in China, capable to annually produce 0.3 million cars of three series, such as two- and three-trunk cars and sports cars and to win 10% of domestic market share. |
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Land of Motorcycles - to be the largest producing base of motorcycles and fittings at home, with annual production scale of 2.00 million motorcycles and domestic market share above 10%. |
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Land of Medicine - to be the producing and export base of material drugs as well as the “Medicinal Valley” of the Asia-Pacific region, with annual sales revenue of RMB 40.00 billion. |
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| Land of Sewing Machines - to be the largest production-export base of apparel machines at home, with 50% of global market share in industrial sewing machines and 10% of global market share in household sewing machines, of which annual output in 2003 topped 2.0 million, annual sale value RMB 12.0 billion and foreign currency earning through export USD 600 million. |
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| Land of Molds - to be the largest mold manufacturing center of China, with advanced equipment and technology, of which export volume accounts for about 20% of that of the country. |
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| Land of Plastics - to be the trading center of plastic materials and products at home as well as the R&D center of plastics in China, with annual output value of RMB 50.0 billion and material consumption accounting for 1/6 of that of the country. |
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| Land of Household Appliances - to be the shopping center of household appliances for international chain trading groups, with annual sale revenue of RMB 60.00 billion, which headed China in market share of cookers, refrigerators, semiconductor ice-boxes, air-conditioners and etc. |
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| Land of Valves and Pumps - to be the production and shopping base of fluid machines such as hot water heating fittings, pumps and air compressors, with 5% of world market share. |
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| Land of Handicrafts and Furniture - to be the production base of handicrafts and furniture at home, with annual output value of RMB 70.00 billion and via-export foreign currency earning of USD 1,000 million. |
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| Land of Canned Fruits and Vegetables - to be the largest processing base of canned food at home, with over 30% of world market share for canned orange. |
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| Land of Footwear, Caps and Apparels - to cultivate industrially leading enterprises and famed brands. |