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Nantong ranks highly among Chinese cities for business environment

en.nantong.gov.cn Updated: 2020-06-22

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A bird's-eye view of downtown Nantong at night [Photo/ntfabu.com]

Nantong, Jiangsu province ranked second among China's top 100 cities by GDP in terms of business environment, excluding four municipalities, 27 provincial-level capitals, and five other large cities with provincial economic administrative power, according to a report compiled by China Media Group on June 18.

The 2019 annual business environment report evaluated the 100 cities on such indicators as infrastructure, human resources, financial services, governance environment, and innovation.

Nantong received a score of 71.57, just behind Suzhou and ahead of Yantai in Shandong province, Wuxi in Jiangsu province, and Dongguan in Guangdong province

The report was the first third-party authoritative business environment report published by a mainstream media organization.

It pointed out that improving the business environment plays an important role in promoting a city's high-quality development.