By Chen Ke and Si Zhanwei

In the first half of the year, Nantong Economic & Technological Development Area received 215 million U.S. dollars in foreign investment. In the same period, 44 new major projects were approved and registered in the first half of the year, among which there are 11 foreign-invested projects. The total investment is 1.083 billion U.S. dollars.

‘Nantong Economic & Technological Development Area provides precise and efficient services, which gave us great confidence when we first came to invest in China.’ A functional health pharmaceutical company in the United States, after comparison of multiple locations in the Yangtze River delta, invested 30 million U.S. dollars, signed an agreement, and settled in Nantong Economic & Technological Development Area in February. The company is attracted by the manufacturing advantages here and the size of the surrounding consumer market, while the staff are deeply impressed by the investment promotion services.

‘In China, healthcare pharmaceutical industry involves different standards and multiple departments for licensing and approval, which is very different from the United States.’ Zhou Yan, the person in charge of China region of the enterprise, introduced that the investment promotion team of Nantong Economic & Technological Development Area gathered multiple departments to form a special working group to provide guidance to enterprises. The communication cost saved is the production efficiency increased. ‘With such professional capabilities as a “backstop”, the company sees good development prospects in the future.’ From the initial contact to the final signing of the contract, it took the company just over two months.

While attracting new projects, many project investors who have already settled chose to increase investment due to the excellent business environment of Nantong Economic & Technological Development Area.

In 28th March, the Princeton Digital Group headquarters project whose total investment is 250 million U.S. dollars was signed and settled in Nantong Economic & Technological Development Area. Princeton Digital Group is a large-scale international data center and intelligent computing center investment group with business operations throughout Asia. Previously, Titanium Data Technology (Nantong) Co., Ltd. managed by the group has signed, and will build a computing center in the Area, to mainly serve computing customers.

‘Our group is very optimistic about Nantong Economic & Technological Development Area. It not only has good location advantages, more importantly, the service in the Area is very good.’ Cao Haoyin, the person in charge of Princeton Digital Group Nantong project, introduced.