Chongchuan-based logistics park sees income growth
The taxable income of Nantong Comprehensive Logistics Demonstration Park, located in Chongchuan district in Nantong, hits 6.4 billion yuan in the first 11 months of 2021. [Photo/ntfabu.com]
As an important carrier of the modern logistics industry in Nantong, East China's Jiangsu province, the Nantong Comprehensive Logistics Demonstration Park has achieved 6.4 billion yuan ($1 billion) in taxable income in the first 11 months this year.
It was recognized as a provincial logistics demonstration park in Jiangsu and a national excellent logistics park. It is also the only demonstration agglomeration area in Nantong's urban area that focuses on the development of modern logistics industry.
Linsen Logistics Group, based in the park, is a leading enterprise in Nantong's logistics industry. In 2020, the freight traffic volume of Linsen Logistics reached 45 million tons.
With businesses distributed around the nation, Linsen has close cooperative relationship with some 40 Fortune 500 companies such as Coca-Cola, BASF, General Electric and China Mobile.