Taicang is a county-level city under the jurisdiction of Suzhou. It is located east of the Yangtze River and south of Shanghai in the middle of China's coastal economic belt and the Yangtze River Delta region.
In 2020, the city's regional GDP was 138.61 billion yuan ($21.32 billion) and the per capita disposable income was 60,150 yuan.
With an advantageous location and prosperous economy, Taicang is one of the most valuable places for investment and development in the YRD region. The city's three main priorities are developing its ports, integrating with Shanghai, and cooperating with Germany. It is also focusing on building a modern garden city called Felicific Taicang,
Taicang aims to develop Two Highlands, Two Cities, which means a highland for scientific innovation, a highland for trade and logistics, a prototype garden city, and a pilot city for Sino-German cooperation.
To keep its economy growing quickly and steadily, the city has established major development areas for high-end equipment manufacturing, new materials, bio-medicine, and headquarters economy. The government is also promoting the development of aviation parts manufacturing and artificial intelligence.
Updated in March, 2021