A construction site in Qidong, Nantong. [Photo/Nantong Daily]

Qidong is experiencing a surge in industrial growth with several major projects underway.

The Hailong offshore wind power equipment manufacturing project, located in the Lyusi Economic Development Zone, has a total investment of 3 billion yuan ($418.43 million). It spans 40 hectares and includes the construction of production workshops, research and development buildings, a dock, and joint workshops, all of which are under construction at the same time. The project aims to start production in November and manufacture 150 sets of high-end offshore wind power equipment per year, with taxable sales of 4 billion yuan.

In addition, Set heavy machinery production base, launched in March this year with a total planned investment of 2 billion yuan, is rapidly progressing. It plans to begin production in December and will produce 200 sets of heavy equipment and 200 sets of steel structure components, generating an estimated 2 billion yuan in taxable sales per year.

Jiameng cold and heat shrinkable cable accessories project is based in the Qidong High-tech Industrial Development Zone. Once completed, it will produce 500,000 sets of cable accessories per year, generating an estimated 550 million yuan in taxable sales.

Sinopharm's production facility, located in the Qidong Life and Health Industrial Park, consists of several standard factory buildings. The base will cover 13.3 hectares in size and will cost  800 million yuan. Its first phase is expected to achieve an annual output of 1 billion yuan.