A promotional conference was held on Aug 21 in Shanghai to introduce Tongzhou district in Nantong to nearly 100 major real estate companies from across the country. 

“Tongzhou is located in the Yangtze River Delta area, one of the most economically developed regions in China,” said Hu Weidong, member of the district party committee of Tongzhou. 

“It boasts unique regional advantages and promising investment prospects,” he said.   

According to Hu, Tongzhou’s GDP reached 70.33 billion yuan ($10.22 billion) in the first half of 2019, representing year-on-year growth of 6.7 percent. Its general public budget revenue totaled 3.73 billion yuan in the half. 

In 2018, the district reported GDP of 126.9 billion yuan, for year-on-year growth of 7.8 percent, ranking it first among all districts in northern Jiangsu province. 

Zou Qinchuan, deputy director of the Tongzhou Branch of the Nantong Natural Resource Department, gave a presentation on the urban planning and transportation network of the area. 

Zou said it takes only one hour to reach Shanghai Hongqiao Airport from Tongzhou and 90 minutes to reach Pudong Airport. 

The Tongzhou government is planning to release 2,845 acres (1.9 square kilometers) to local real estate projects.  

Hu Weidong, member of the district party committee of Tongzhou, talks about his district with  real estate companies at a promotional conference on Aug 21 in Shanghai. [Photo provided to chinadaily.com.cn]

Officials from the Tongzhou government have a discussion with businesspeople in the real estate industry at a promotional conference on Aug 21 in Shanghai. [Photo provided to chinadaily.com.cn]