As one of the first 14 opening-up coastline cities in China, Nantong is such a city well known for its industry, port economy, trading and tourism. Located on the north bank of the Yangtze River estuary, the city has enjoyed good reputations of “shining pearl by sea and river”, “the first window along the Yangtze River”, and “north Shanghai”. It governs four county- level cities comprising Rugao, Tongzhou, Haimen and Qidong (county-level city), two counties comprising Haian and Rudong, two districts of Chongchuan and Guangzha, and Nantong Economic Development Zone with a total land area of 8,001km2, nearby sea-area of 10,000km2, and a total population of 7.7379 million.
During recent years, both national economy and social development in Nantong have made remarkable progresses, as the city’s ranks in “Top 50 Cities with the Best Comprehensive Strength” and “Top 40 with Most Attractive Investment Environment” continue to go up. In 2004, the realized GDP of the city amounted up to RMB122.6 billion with a year-over-year increase rate of 15.6%. Its accomplished general budgetary income reached RMB5.259 billion with a year-over-year growth of 26.1%. Contracted foreign investment and paid-in foreign investment as registration capital in Nantong climbed up to USD3.782 billion and USD1.104 billion respectively, which ranked 4th among all cities in Jiangsu province. The city has made outstanding progresses in social practices in terms of environment protection, social security, residence environment and government service, which are all ranked in the top circle among cities in China.
Nantong is known for its well-established infrastructure and superior investment environment. With both advantages as golden coast and golden waterway, the city boasts a long river and seaside lines of over 400km, decorated by modern ports with full functions and ancillary facilities. Along the Yangtze River, there are 30 berths of over 10,000 tonnages each, of which 12 have larger capacity than 50,000 tonnages. Two deepwater seaports, i.e. Yangkou and Lvsi, along the seaside present unmatched potentials, and a comprehensive port network along both riverbank and seaside will soon come into being.
The opening-up economy in Nantong has experienced rapid development. A comprehensive opening-up network lead by the national-level Nantong Economic Development Zone and supplemented by 12 diversified development zones has attracted large-scale investments from many world renowned companies, such as Japan OJI Paper, Kawasaki Heavy Industry, Fujitsu, Toray, Teijin,America Dow Chemical, Cargill, Celanese, Switzerland Syngenta and Roche.
Along with the implementation of a series of key projects such as Su-Tong Yangtze Bridge, Yangkou Port, Hu-Chong-Su Across-river Tunnel, and etc., Nantong has entered such a development stage featured by its superior geographic advantage, accelerated industry convergence, enhanced city position, and rich strategic opportunities. Considering the realization of its potential advantages, Nantong has grown into the city with the greatest economic vitality and most promising investment potentials. The opening-up Nantong will continue to open itself to the world.
Nantong welcomes sincerely all prospective investors from both home and abroad to share the unmatched business opportunities here with it!
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