A bird's-eye view of the Blue Ocean New Materials Project in Nantong. [Photo/Nantong Daily]

Nantong in Jiangsu province has completed an investment of 30.99 billion yuan ($4.36 billion) in provincial projects as of the end of September, achieving an investment completion rate of 87.2 percent.

In the golden autumn at the Tongzhou Bay demonstration area, workers are advancing the Blue Ocean New Materials Project. Cranes tower above and vehicles move nonstop on the construction site. As a major provincial industrial project with an investment of 50 billion yuan, the CNPC Blue Ocean New Materials Project's Phase 1 has launched all 47 key engineering tasks and the main frameworks of 22 buildings have been completed. Overall, the construction has progressed through clear, defined phases.

The rapid advancement of the Blue Ocean New Materials Project exemplifies Nantong's continuous focus on major project development. This year, the city has 60 projects on the provincial list, ranking second in the province and maintaining a top position for 10 years in a row.

By 2025, Nantong has scheduled 378 key projects at the municipal level, comprising 313 implementation projects and 65 reserve projects, with an annual investment plan of nearly 87.49 billion yuan.

The swift progress of major projects is attributed to the city's persistent project advancement systems and the improved business environment. Over the years, it has continuously optimized the entire project lifecycle services, with a focus on key industries such as high-end equipment, new materials, and new energy.