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Zhangjiagang: A hot spot city for global investment

(chinadaily.com.cn)

Updated:2020-07-15

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Zhangjiagang, a port city along the Yangtze River, enjoys a strategic location and strong industrial foundation. It is one of the most competitive county-level cities in China, and ranked third on the 2020 list of China's top 100 county-level cities.

 

The city's regional GDP grew 6 percent year-on-year to 285 billion yuan ($40 billion) in 2019, while its general public budget revenue grew 5.8 percent to 24.7 billion yuan.

 

Zhangjiagang now houses more than 10,000 industrial enterprises, including over 1,000 foreign-funded firms and 21 listed firms. Fifty-six Fortune 500 companies have been cultivated or brought in by the city.

 

Currently, the city is beefing up efforts to develop a modern industrial system to speed up the coordinated development of the real economy, scientific and technological innovation, modern finance, and human resources, aiming to inject fresh momentum into the city's high-quality development.

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