The output value of the marine shipbuilding and heavy equipment industry in Qidong, Nantong, East China's Jiangsu province, reached 14.51 billion yuan ($2.08 billion) from January to July, up 11.7 percent year-on-year.

During this period, the output value of the city's high-tech industry exceeded 40.91 billion yuan, an increase of 12.6 percent year-on-year.

In addition, enterprises in the city saw strong growth in the first seven months.

Jiangsu Qiwei Semiconductor Equipment Co Ltd mainly provides high-purity process system solutions and equipment for integrated circuit semiconductor electronic information and pharmaceutical enterprises. In the first seven months, the company's taxable sales reached 157 million yuan, a year-on-year increase of 21.9 percent.

Due to digital transformation and intellectualized reconstruction, Inlay Link Qidong Co Ltd has experienced rapid growth. The company's taxable sales exceeded 99.54 million yuan in the first seven months, a significant increase of 59 percent year-on-year, and taxable sales are expected to exceed 200 million yuan for the whole year.

In recent years, with the rise of the global smart phone industry, Qidong Qianshuo Electronics Co Ltd has entered a period of high-speed development.

To better meet market demands and enhance the core competitiveness of its products, Qianshuo Electronics invested more than 10 million yuan to upgrade its smart factory system. From January to July, the company achieved 1.3 billion yuan in taxable sales.