Qidong Marine Engineering and Shipbuilding Industrial Park rides high, with a robust performance in the first nine months of the year. [Photo/ntfabu.com]

Qidong Marine Engineering and Shipbuilding Industrial Park – situated in the county-level city of Qidong in Nantong, in East China's Jiangsu province – put in a robust performance in the first nine months of the year, generating 16 billion yuan ($2.5 billion) in industrial taxable sales.

During the period, the total output value of industrial enterprises above designated size – those with annual revenue of 20 million yuan or more from their main business – hit 17.7 billion yuan. The import-export volume came in at over 7 billion yuan.

The park is dominated by the marine engineering equipment manufacturing industry – led by the likes of COSCO Shipping (Qidong) Offshore Co Ltd, Dong Fang International Container (Qidong) Co Ltd and Honghua Oil & Gas Engineering Services Limited.

The main industries also include shipbuilding of special vessels and energy equipment manufacturing.

Qidong Marine Engineering and Shipbuilding Industrial Park is home to a number of leading companies in these industries – among them, Nantong CIMC Sinopacific Offshore and Engineering Co Ltd, Nantong Taisheng Blue Island Offshore Co Ltd and Watts Energy and Engineering.