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Chongchuan posts robust GDP growth in first three quarters

en.nantong.gov.cn| November 17, 2021

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Chongchuan district, the main urban area of Nantong, advances high-quality development in 2021. [Photo/ntfabu.com]

Chongchuan district, the main urban area of Nantong in East China's Jiangsu province, created a regional GDP of 122.9 billion yuan ($19.3 billion) in the first three quarters of the current year, with other eight economic indicators such as the retail sales of consumer goods, the general public budget revenue and the per capita disposable income of urban residents ranking first among Nantong's administrative regions.

The district has adhered to the "dual-wheel driven" development strategy which includes the sectors of advanced manufacturing and modern services. This year, 41 major projects receiving 19 billion yuan in investment were signed to settle in Chongchuan.

In addition to the two fundamental industries, Chongchuan district also focused on the three leading sectors of IT application innovation, the internet of vehicles and artificial intelligence, the four supporting industries of electronics information, high-end equipment, new materials and green building, as well as the five functional industries of high-end trading, modern finance, professional services, culture and tourism and health maintenance.

People's livelihood is of significance in government's work. To date this year, the district has spent 3.77 billion yuan in the field. Forty-five key public works projects in 10 categories such as relocated communities and health management services were advanced steadily.