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A birds-eye view of Rugao Economic and Technological Development Zone. [Photo/rgedz.cn]

The Rugao Economic and Technological Development Zone – located in Rugao city in East China's Jiangsu province -- reported strong results in the first half of this year, despite the severe situation brought about by the novel coronavirus pandemic, local media reported.

According to official data, in the first six months, the combined revenue of companies in the zone hit 23.82 billion yuan ($3.51 billion), up 10.24 percent year-on-year.

Since the first foreign-funded project -- Times Textile Technology Co Ltd – located to the development zone in 1993, it has been focusing on attracting major and big projects.

By the end of 2019, there are 486 large-scale manufacturers based in the zone and 168 enterprises with a value of 100 million yuan each.

This year, the zone issued policies and incentives to further attract investment. From January to July, the zone signed off on 11 projects with a total investment of 11 billion yuan, including four major projects worth more than 1 billion yuan.

In view of the increasing difficulties in the real economy because of the pandemic, the zone's management committee staged an enterprise service month in August, which was well received by its companies, officials said.