Forty-three major projects with a combined investment of 39.53 billion yuan ($5.41 billion) were secured in Haimen district, Nantong, Jiangsu province, from January to September this year.

The projects include three mega projects with an investment of 5 billion yuan each, two projects with an investment of 2 billion yuan each, seven projects with an investment of 1 billion yuan each, and one project with an investment of $100 million.

The remarkable achievements were largely due to the implementation of a series of measures rolled out by authorities, including optimizing working mechanisms and innovating attractive investment modes.

Authorities have transformed its traditional government-led investment promotion model and established a comprehensive investment pattern combining government and market forces.

They have established investment promotion models featuring leadership-based, professional investment, platform-based, entrusted investment, and capital-driven investment.

The local government has also channeled more resources into attracting science and innovation projects as well as projects with specialized and emerging characteristics.

The district signed 166 new contracts for science and innovation projects over the same period, of which 134 have already been recognized by Nantong. It also signed 14 new contracts for projects with specialized and emerging characteristics, with eight manufacturing projects already gaining recognition.