Introduction to the Economic Environment of Nantong City
Economic Overview of Nantong City
The economic overview of Nantong City in 2024 shows that the city has made significant progress in multiple aspects. In the first three quarters of 2024, Nantong City achieved a regional GDP of 941.44 billion yuan, a year-on-year increase of 6.3%. The industrial economy is performing steadily, with the added value of industrial enterprises above designated size increasing by 9.3% year-on-year, and the total electricity consumption of the society is expected to exceed 70 billion kilowatt hours for the first time. In terms of major projects, the city's major projects have completed an investment of 30.12 billion yuan, with a completion rate of 119.8%. All 26 planned new projects have started construction.
The industrial structure of Nantong City will also perform well in 2023. The annual regional gross domestic product reached 118.133 billion yuan, an increase of 5.8%. Among them, the added value of the primary industry was 51.96 billion yuan, an increase of 2.9%; The added value of the secondary industry was 572.81 billion yuan, an increase of 7.1%; The added value of the tertiary industry was 556.55 billion yuan, an increase of 4.7%. The economic vitality of Nantong has significantly increased, with 48000 newly registered private enterprises throughout the year and a total of 311000 at the end of the year; There were 86000 newly registered individual industrial and commercial households, with a total of 895000 households at the end of the year.
The transportation and infrastructure construction in Nantong city is also constantly advancing. In 2024, the city is expected to complete a transportation construction investment of 28.6 billion yuan within the provincial plan, such as the official opening of the second bridge of the Huanghai Bridge in Dongyangkou Port, and the completion and opening of the expansion project of the Pingchao to Guangling section of the Shanghai Shaanxi Expressway. In addition, the construction of the North Yangtze River High speed Railway and the Nantong section of the Tongsu Jiayong High speed Railway is also progressing rapidly and orderly, which will significantly shorten the distance between Nantong and the surrounding urban areas.
The ecological environment protection in Nantong city is also constantly strengthening. Nantong continues to follow the path of ecological priority and green development, and has proposed and passed the "Implementation Plan for Comprehensively Promoting the Construction of Beautiful Nantong", aiming to create a high-quality ecological environment through the implementation of green and low-carbon development actions, environmental quality improvement actions, and urban-rural environmental remediation actions.
The Nantong Municipal Government attaches great importance to optimizing the business environment and has launched a series of measures to improve service quality and efficiency. For example, Nantong Economic and Technological Development Zone has implemented 109 business environment challenges through the "Wanshi Haotong • Nengda Wuyou" business brand, and innovated government enterprise communication mechanisms such as "experience officers+observation points", effectively addressing various demands raised by enterprises. In addition, Nantong City has launched the "Business Environment Improvement Year" activity for three consecutive years, introducing 66 "Everything is Well Connected" policies, new 66 policies, and 3.0 version measures, promoting the transformation of the business environment from "homogenization" to "specialization".
