The foundation ceremony for the Huahui Zhigu Science Park is held in Chongchuan district, Nantong on March 18. The park is the city's first urban industrial complex. [Photo/WeChat account: chongchuanonline]

The foundation ceremony for the Huahui Zhigu Science Park was held in Chongchuan district, Nantong on March 18. It is the city's first urban industrial complex, and a total of 18 enterprises signed agreements with the complex on site or online during the ceremony.

The complex has attracted 2 billion yuan ($280.94 million) in total investment and covers an area of more than 140,000 square meters. Major construction is expected to be completed by the end of this year.

The complex will focus on information technology, new energy, and new materials, as well as on energy conservation and environmental protection. It will also pursue technological development and technical manufacturing.

This is the city's first major technological development and intelligent manufacturing complex, and it is hoped that it will promote cooperation among upstream and downstream enterprises, according to Liu Hao, secretary of Chongchuan district's Party committee.

The construction of the Huahui Zhigu Science Park marks a big step forward for industrial concentration in the district, said Jiang Dong, deputy mayor of Nantong.