Several major projects were launched or signed in Zhangjiagang on Feb 8, showcasing the city's robust economic vitality.
The 1.26-billion-yuan ($172.18 million) Dongdu Talent Harbor project officially opened in Tangqiao town as a major innovation hub. The complex, which includes an office building, apartments, and a service center, welcomed 26 technology enterprises with a total investment of 1.5 billion yuan on its opening day.
Dongdu Talent Harbor opens on Feb 8 in Tangqiao town, serving as a major innovation hub in Zhangjiagang. [Photo/WeChat account: zhangjiagangfabu365]
Jiangsu Liwan Precision Tube Manufacturing Co, a leading auto parts supplier, invested 1 billion yuan in a new energy vehicle key component project in the Zhangjiagang Bonded Zone. The facility will produce 120,000 metric tons of precision tubes annually for automotive shock absorbers, steering systems, and airbags, with projected annual sales of 1.2 billion yuan.
Jiangsu Langxin Electric Co signed an agreement to build a thermal management system R&D and production base in Yangshe town. The base is expected to generate over 500 million yuan in sales.
In the first quarter of 2025, Zhangjiagang plans to launch, break ground on, or sign agreements for 186 projects, totaling 88.77 billion yuan in investment. For 2025, the city has outlined 293 major projects with investments surpassing 250 billion yuan and planned annual investments of over 38 billion yuan — both record highs. Eight projects have been listed as provincial-level major initiatives and are also record achievements.