The private economy
In 2014 we realized a total civil investment 36.661 billion yuan in fixed asset, an increase by 11.1 per cent. The city has 1964 new small-scale taxpayers and 582 new taxpayers in general, which exceeded this year's tasks. The city has 203 new first loan small and medium-sized micro-enterprises, covering 108 % of this year's program loans, total credit loan amounting to 700 million yuan. We have 20 new technology businesses, 8 new foreign investment projects, with a total foreign investment $127.806 million. Also available are 1008 new registered trademark, 6 new China's well-known trademark and 15 new provincial famous trademarks. We have organized 20 provincial-level brand-name enterprises, 45 Nantong brand-name enterprises, 10 quality business models for application. The vitality of the private capital has accelerated a release, with 28 domestic private investment exceeding 100 million yuan have been brought in, which have overfulfilled the task assigned by Nantong municipality for the whole year. Total project investment adds up to nearly 4.3 billion yuan, with a completed investment 1.51 billion yuan. At present a 10 billion-level modern textile industry and the marine engineering equipment industry 5 billion-level vehicle parts and components industry, bio-pharmaceutical & fine chemical industries and 2 billion-level intelligent electronic industry & mahogany products manufacturing industry have already taken shape in our city.