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Qidong, Shanghai strenghthen ties in industrial cooperation

Source: en.nantong.gov.cn

Updated: 2020-04-22

To deepen industrial cooperation between Qidong in Nantong and Pudong in Shanghai, a conference was held in Shanghai on April 20, attended by over 120 representatives from local enterprises, financial institutions and chambers of commerce. 

Qidong and Pudong are both located at the estuary of the Yangtze River. The two sides have developed close cooperative relations based on their strategic locations. 

In 2019, the regional GDP of Qidong reached around 115.8 billion ($16.36 billion), and the county-level city ranked 31st among China’s top 100 competitive cities and counties in terms of comprehensive strength. 

Qidong is endeavoring to promote local economic development through its with its geological advantage and accelerating industrial cooperation with Pudong, focusing on the integration of the Yangtze River Delta region. 

Currently, the Qidong government is focusing on several competitive and emerging industries, including health technology, marine engineering, new materials, new energy, electronic information, semiconductor equipment and precision machinery. 

A 3-year plan on deepening cooperation with Pudong was issued by the Qidong government in March. Additionally, supporting docking platforms have been established to boost local industrial parks developed through cooperation between the two sides. 

A total of 15 projects worth 17.18 billion yuan in total were signed during the conference, focusing on biomedicine, semiconductors and intelligent manufacturing. The projects are expected to serve as new drivers for major local industries.

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The Qidong government and East China Normal University sign a cooperation agreement to establish an international school in Qidong during a conference on April 20. [Photo/WeChat account: qdrmt0513]