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Nantong Economic and Technological Development Area introduction

| Updated: 2013-01-28 15:38 | ( www.chinadaily.com.cn ) |

Located in the southeast of Nantong city, NETDA (Nantong Economic and Technological Development Area) is one of China's first 14 State-level development zones approved by the State Council in December 1984. By the end of 2011, more than 700 foreign companies have invested in NETDA, including over 60 Fortune 500 companies. NETDA is recognized as one of the top 10 most favorable development zones for investment by multinational companies.

Thanks to the opening of Su-Tong (Suzhou – Nantong) Bridge and Chongqi (Chongming – Qidong) Bridge, and with the construction of the Hutong (Shanghai – Nantong) Railway, NETDA is now connected to Shanghai and less than one hour’s drive to southern Jiangsu province. It has realized urban agglomeration with these areas to share talent and labor, associated industries, financing and other resources. Being the best platform to grow and develop in Nantong, NETDA will also become one of the fastest growing areas in China and the world. The labor force in Nantong is abundant, comparatively low cost and highly qualified.

In addition, Nantong Airport, which also serves Shanghai, provides service to Beijing, Shenzhen, Guangzhou and other domestic air routes. An expansion project is underway for the airport. Upon completion, the airport will be able to serve large airplanes like the Boeing 740.

The city also has 13,200 square kilometers of coastal land, plenty of water and electricity, and abundant human resources.

  • The NETDA Free Trade Zone got the original go-ahead, on Jan 3, 2013, from the State Council, for a 5.29-sq-km area, in two parts.

  • Suzhou-Nantong science & technology industrial park

  • Equipment manufacturing industrial park

  • Urban-rural commercial zone

  • Nengda central business district

  • New materials industrial park

  • Medical treatment & health industrial park

  • Sci-tech industrial park

  • Precision machinery industrial park

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