The Taicang High-Tech Industrial Development Zone (THIDZ) in Jiangsu Province, eastern China, was recently honored as the “Best ESG Community in Sino-European Economic and Trade Cooperation” at the inaugural Sino-European Corporate ESG Best Practices Conference in Frankfurt, Germany. Since welcoming its first German company in 1993, THIDZ has been dedicated to sustainable development, corporate social responsibility, and enhancing governance mechanisms. Over nearly 30 years, it has established a unique model for Sino-German corporate collaboration.
THIDZ specializes in three key industries: components for new energy vehicles, machine tools, and aerospace. The zone promotes partnerships between German and local enterprises, fostering industrial integration, innovation, and talent development.
Currently, more than 500 German companies operate within THIDZ, with total investments exceeding USD 6 billion, generating an annual industrial output of over RMB 60 billion.
The zone is committed to green technology and environmental protection. For instance, the Sino-German Energy Efficiency Network project, launched in June 2021, aims to improve energy efficiency and reduce carbon emissions, already achieving significant results.
Looking ahead, THIDZ plans to implement a carbon emissions monitoring system to help companies adopt data-driven energy solutions, further enhancing their energy conservation and emission reduction efforts.
In the realm of vocational education, THIDZ has made significant progress. In 2001, it signed its first Sino-German dual education and training project, marking the localized adoption of Germany’s dual vocational education system. Over the past two decades, this initiative has become a hallmark of the zone’s industrial development and talent cultivation.
In addition to fostering innovation, THIDZ continually enhances its business environment, which has elevated corporate governance standards. The zone has introduced various policies to support enterprise development by prioritizing services for businesses.
“This case offers a valuable perspective on Sino-German cooperation in Taicang. Its uniqueness lies in a comprehensive, multi-level collaboration model, with sustainability and feasibility evidenced by tangible results and long-term planning,” stated the conference jury.
The jury added, “Taicang High-Tech Industrial Development Zone serves as a model community for Sino-German cooperation, exemplifying success in industrial collaboration, talent development, cultural integration, and green growth.
