In 2020, Tongzhou's economy recorded an estimated regional GDP of 148.2 billion yuan ($22.84 billion), a year-on-year increase of 5 percent, while the general public budget posted revenue of 6.67 billion yuan, up 3.5 percent.

The cultural park of loyalty and filial piety in Dongshe town, Tongzhou district, Nantong [Photo/tz.gov.cn]

The ratio of the three-industry structure has been adjusted from 4.6:49.0:46.4 of the previous year to the ratio of 4.3:51.9:43.8. The added value of the tertiary industry to the regional GDP has increased by 0.3 percent. Over the course of the year, the output value of high-tech industry has reached 103.81 billion yuan, registering growth of 7.2 percent, and the output value of emerging industry has reached 60.70 billion yuan, registering growth of 6.7 percent.

Sunrise at Nanshan Lake [Photo by Li Xudong/tz.gov.cn]

In 2019, the employment conditions for urban and rural areas in Tongzhou district have maintained steady growth with 9,698 new urban jobs and 3,600 people who move from rural to urban areas to find work being added. The urban unemployment rate was 1.74 percent at the end of 2018. One industrial park was honored as the provincial entrepreneurship incubation base. A total of 3,828 private enterprises were newly added all year round with the total registered capital of 25.86 billion yuan. A total of 11,319 individual businesses were newly registered with the registered capital of 1.42 billion yuan. The industrial output value of private enterprises accounted for 67.8 percent of the overall scale-sized industrial output value. The proportion of private investment now stands at 79.25 percent of the total fixed asset investment.