The Wulonghui business circle located in the Gangzha Economic Development Zone, Nantong, East China's Jiangsu province, has become a key driver of the neighboring economy in recent years, local media reported.

In 2022, the turnover of the business circle was 11.86 billion yuan ($1.75 billion), an increase of 33.5 percent year-on-year.

By the end of 2021, the business circle was home to 678 enterprises, including 522 modern business enterprises, 99 modern logistics enterprises, and 33 culture and tourism enterprises.

In addition, the business circle had attracted an investment of 9.31 billion yuan by the end of 2022.

The business center currently boasts numerous international brands and enterprises, such as Ikea, Sam supermarket, and Hilton Supermarket.

One of the commercial complexes in the business circle is Longxin Plaza, which received 1.15 billion yuan in funding and includes a business street that provides all-day services.

To boost the development of the business circle, zone authorities have set up a service center and a business alliance that provides better services to enterprises.

A shopping mall in the Wulonghui business circle. [Photo/WeChat account: chongchuanonline]

Residents go shopping in the Wulonghui business circle. [Photo/WeChat account: chongchuanonline]