General Manager Gao Wujiu of MCC Baosteel Technology Services Co., Ltd. (BTS) met with Vice Mayor Qian Jun of Taixing Municipal Government at the Distinguished Guest Hall on August 21, 2014. Both parties fully exchanged views and entered into agreement on the cooperation in infrastructure construction in Taixing City. Gao Wujiu and Qian Jun signed the strategic cooperation framework respectively on behalf of each party.
As per the agreement, in the principles of voluntary, win-win, mutual benefit, mutual promotion and common development, both parties will make full play on their respective advantages, make their respective advantages complementary to each, promote the infrastructure construction and the other investment/financing projects, and create values for the urban and economic development of Taixing City.
As a city located along the Yangtze River in the middle of Jiangsu Province, Taixing City covers an area of 1,172 square kilometers, with a population of 1.2 million persons. The meaning of the city's name is "May the country be prosperous and the people at peace". It has been awarded with quite a few honorable titles such as the Hometown of Education, the Hometown of Gingko, the Hometown of Architecture, the Hometown of Violin and the Hometown of Reduction Gears. In addition, Taixing enjoys unique advantages in terms of the four pillar industries such as equipment manufacturing, chemical products, pharmaceuticals and new materials. Taixing is situated to the north of Yangtze River, overlooking Changzhou, Jiangyin and Yangzhou across the river. The city is endowed with an outstanding location advantage and well-developed transportation facilities, so that the port, the industrial enterprises and the city can achieve common development on an inter-active basis. Therefore it is regarded as one of the regions with the remarkable development potentials and values in Yangtze River Delta.



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