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The construction site of a project by Nantong Goleader Mechanical and Electrical Technology Co, which is located in Rugao Economic and Technological Development Zone. [Photo/WeChat account: RGETDZ]

Rugao Economic and Technological Development Zone in Rugao, Nantong, has been making continuous efforts to attract more investment, as well as to ensure that major projects in the zone proceed smoothly.

The development zone attaches great importance to the construction of major projects, such as a production plant of Nantong Bison Electronic New Material Co and an outdoor goods manufacturing plant of Nantong Goleader Mechanical and Electrical Technology Co. It is also working to start a project, which will have an annual output of 240,000 sets of high-precision gears, by the second quarter of this year.

The Goleader project, which is currently under construction, has received a total of 1 billion yuan ($156.64 million) in investment and is expected to generate 1 billion yuan in annual sales after completion.

By the end of June, the Rugao development zone plans to bring in three new projects that involve high technology and great investment.

Different government departments in the zone have implemented a series of measures to help attract businesses and investment. The bureau of administrative examination and approval has streamlined its service process, while a number of other departments are also improving their services to help local companies innovate, upgrade technologies, as well as increase efficiency.