NETDA's economic boom draws interest from financial entrepreneurs

Financial entrepreneurs visit NETDA's planning and exhibition hall. [Photo/WeChat account: gh_78ba52d6e1ed]

More than 70 financial entrepreneurs visited the Nantong Economic and Technological Development Area, or NETDA, on May 24 to explore cooperation.

They toured NETDA's planning and exhibition hall to learn about its leading industries – new-generation information technology, high-end equipment, medicine and health care, and new energy, as well as scientific innovation talent.

As one of the 14 national economic and technological development areas, NETDA realized more than 90 billion yuan ($12.42 billion) in GDP last year after 40 years of development. In 2023, its per capita GDP reached 263,300 yuan and the output value of its industry and service sectors amounted to 200.5 billion yuan and 151.6 billion yuan, respectively.

In addition, NETDA ranked 21st among all national economic and technological development areas – a record high.

After exchanges in industrial upgrading, talent cultivation and government-enterprise cooperation, the financial entrepreneurs visited Luolai Home Textile and Jiangsu Zhongtian Technology Co to experience the area's booming development.