Robust growth visible for NETDA's leading industries

The Nantong Economic & Technological Development Area, or NETDA, located in Nantong city in East China's Jiangsu province, has been focusing on leading industries of new-generation information technology, high-end equipment, medicine and health, and new energy in recent years.

Among them, the area's taxable sales income of the new energy industry increased by 140 percent last year, and the per hectare tax revenue of the biomedical industry reached 6.3 million yuan ($990,412), up 38.8 percent.

TOWA (Nantong) Co Ltd – located in the NETDA – was invested by the TOWA Corporation of Japan, a company specialized in semiconductor molding equipment. It is the corporation's first overseas mold design and equipment manufacturing base.

The enterprise has developed rapidly since it was put into production in April last year, with monthly sales reaching more than 10 million yuan.

At present, the NETDA has formed a complete industrial chain of integrated circuits, intelligent manufacturing, internet platform, and related information services.

Last year, the taxable sales revenue of the NETDA was estimated to reach 33.1 billion yuan, up 50 percent year-on-year.