【Dynamic Decade】Investment introduction promotes industrial development in Tongzhou

Since the 18th National Congress of the Communist Party of China in 2012, Tongzhou district of Nantong, Jiangsu province, has been promoting industrial development by introducing projects with significant investments.

Over the last decade, the district has introduced more than 300 projects each worth more than 100 million yuan ($14.84 million).

The Hengli (Nantong) Industrial Park, which was developed by Hengli Group, is one of the most significant investment projects introduced to Tongzhou. The total investment channeled into the park currently stands at 50 billion yuan.

The park is home to a production base that is powered by intelligent spinning equipment and has the largest number of fiber varieties in the world. The park's solar power facility, which has an installed capacity of 60 megawatts, is the biggest enterprise-run solar power facility in Jiangsu.

The construction of the auto parts and new generation of information technology industrial parks in the Nantong National High-tech Industrial Development Zone in Tongzhou has also been completed. New generation technology information, motor vehicle and auto parts, and intelligent equipment are the three leading industries in the zone.

Guangdong Hongtu (Nantong) Die-Casting Co, which entered the zone in 2011, is expected to generate an output value of 1.6 billion yuan this year, a year-on-year increase of 15 percent.

"After the arrival of Hongbang Die Casting (Nantong) Co Ltd 10 years ago, the zone has attracted many other die casting enterprises that have formed a complete industrial chain for the auto parts industry," said Shi Lu, deputy head of the administrative committee of the Nantong National High-tech Industrial Development Zone.