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An aerial view of Jiaxing Port Area in Jiaxing, East China's Zhejiang province. [Photo/cnjxol.com]

The industrial output value of above-designated-size enterprises in Jiaxing Port Area expanded 6.6 percent year-on-year to a record 102.77 billion yuan ($15.15 billion) in 2022.

The chemical new material industry was the main driver of the area's industrial growth.

In 2022, 46 chemical enterprises in the area achieved a total industrial output value of 84.39 billion yuan, an increase of 7.4 percent year-on-year and accounting for 82.12 percent of the area's total.

Agreements for a number of industrial projects with large amounts of investment have been signed in the area, stimulating the area's industrial economic development.

For example, a comprehensive cycle industrial park of Sanjiang Chemicals Co Ltd, which received a total investment of 11.7 billion yuan, is scheduled to be put into trial production at the end of March, with an estimated annual output value of 11.8 billion yuan.