In September 26, 2004, the first World Metropolitan Development Forum was held in Nantong. In 2005, Nantong had a GDP growth of 15.4%, the highest growth rate in Jiangsu province, and in 2016 Nantong's GDP had a total of about 675 billion yuan, ranking the 21st in the whole country.
Although the city took a blow from the economic depression of the 1930s, as well as the Japanese occupation of the 1930s and 40s, Nantong has remained an important center for the textile industry. Because of its deepwater harbor and connections to inland navigational canals, it was one of 14 port cities opened to foreign investment in recent Chinese economic reforms.
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26 авг 2024