Nantong hosts a conference with MNCs at the Shanghai National Convention and Exhibition Center on Nov 6. [Photo/Nantong Daily]

Nantong in Jiangsu province hosted a conference with multinational corporations at the Shanghai National Convention and Exhibition Center on Nov 6 to explore cooperation.

On behalf of local authorities, Zhang Tong, mayor of Nantong, expressed gratitude to the friends caring for and supporting the city's development. She stated that Nantong provides greater opportunities and creates better conditions for MNCs coming to Nantong for development.

She also looks forward to more multinational companies choosing Nantong as their preferred city for establishing production bases, functional institutions, and regional headquarters in the Yangtze River Delta region.

The mayor expressed hope that all consuls in Shanghai, foreign investment associations, and consulting agencies can help Nantong connect with more resources and support the city in achieving a higher level of open development.

Wang Xiaobin, executive vice-mayor of Nantong, discussed the city's unique advantages in geographical location, industries, market, cost, and talent, outlining a beautiful blueprint for maritime development.

He noted that Nantong is steadfastly committed to creating a first-class business environment characterized by marketization, rule of law, and internationalization. He sincerely invites multinational companies to invest in Nantong and share in the city's new achievements and development.

Representatives from participating enterprises and organizations responded enthusiastically, expressing that Nantong enjoys a unique geographical location, a solid industrial foundation, and a favorable business environment. They look forward to deepening cooperation in various fields, such as biopharmaceuticals, high-end manufacturing, and precision machinery, to yield more fruitful cooperation outcomes.

During the conference, Turkyie's Koksan Group signed contracts with Nantong for 21 key projects, including a $710 million investment in green polyesters.