Nantong Economic & Technological Development Area (NETDA) is one of China's first 14 coastal development areas open to the outside world. Situated in the central section of China's golden coastline and on the northern bank of the estuary of the Yangtze River, the development area faces the international metropolis Shanghai across the river. In the area a stayed-cable bridge named Su (Suzhou)- Tong (Nantong) is being built which is considered the biggest of its kind in the world. The State-level development area now serves as the important gateway of both the Yangtze Delta and the Yangtze River valley. Its superior geographical location, steadily improved investment environment, existing industrial foundation as well as advantages in ports, fresh water, policies and talents, etc. all have helped to make the development area an ideal land for investment.
Now in Nantong development area there are such characteristic parks as Jiangsu Nantong Export Processing Area, China Changjiang Int'l Chemical Fiber Industrial Park, Changjiang Int'l New Chemical Materials Industrial Park and Optical-Mechanical-Electrical Integration Industrial Park. All necessary public utilities are available including water, drainage, sewage treatment, steam, gases for industrial use, electricity, telecommunications, and links to ports, and leveled ground. The development area is home to nearly 400 overseas-funded firms with total investment of about US$4 billion. The investors come from 26 countries and regions. Renowned firms settled in the area include Itochu, Marubeni, Toray, Teijin, Polyplastics, Mitsubishi Rayon and DIC from Japan, Zeneca from UK, ITT, Reilly and Ticona from USA, Air Liquid from France, San Teh from Singapore, and Synthetic Rubber from Taiwan. The development has become one of the regions in the Yangtze River Delta that enjoy continuous flow of overseas investment, from Japan in particular, fast development and strong economic vigor.
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