The first prefecture-level city in China with a total construction output value exceeding one trillion!

Author:www.tjj.nantong.gov.cn

Time:25/02/2022

The Nantong Municipal Bureau of Statistics recently announced that the total output value of Nantong's construction industry will exceed one trillion yuan in 2021!


In 2021, the total output value of Nantong's construction industry will exceed one trillion yuan for the first time, with a total output value of 1,056.87 billion yuan, ranking first among prefecture-level cities in the country. The output value of the construction industry increased by 8.5% year-on-year, 1 percentage point higher than the same period in 2020.


In terms of different regions, the total output value of the construction industry in Haimen District and Tongzhou District both exceeded 200 billion yuan, 223.35 billion yuan and 216.3 billion yuan respectively. In terms of enterprises, there are 3 enterprises with an output value of more than 70 billion yuan, 7 enterprises with an output value of 30 to 70 billion yuan, and 16 enterprises with an output value of 10 to 30 billion yuan. Among the city's 24 super-qualified construction enterprises, 21 have achieved an output value of over 10 billion yuan.


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How strong are construction companies in Nantong? The output value created across the country is almost equal to the GDP of Nantong. The output value created by Nantong construction enterprises is the GDP created by Nantong construction enterprises all over China for the local area, which can be understood as the GDP created by Nantong people, which is similar to "Gross National Product - GNP". Although not included in the GDP of Nantong, this part of the output value is still very considerable. According to data from the Nantong Municipal Bureau of Statistics, in 2019, Nantong construction enterprises completed a total construction output value of 906.13 billion yuan. You must know that Nantong's GDP in 2019 was only 938.3 billion yuan, and the output value of Nantong's construction enterprises was almost equal to the city's GDP. Nantong's per capita deposit is so high, it is not difficult to understand - leave the GDP to the local area and take the deposit home.


It is mentioned in the "Thirteenth Five-Year Plan for the Construction Industry of Nantong City" that the city (Nantong) strives to achieve a total output value of construction industry exceeding 900 billion yuan by 2020. At present, the total output value of Nantong's construction industry has exceeded the trillion mark!


In the 2020 ENR/Construction Times "Top 80 Chinese Contractors and Top 60 Engineering Design Enterprises" award ceremony and the 2020 Top 80 Chinese Contractors List released by the China Construction Industry Elite Forum, there are 10 construction companies in Nantong on the list, which shows the strong development strength of Nantong's construction industry. According to Zhang Ningning, president of the Jiangsu Construction Industry Association, Nantong has 24 super-qualified construction enterprises, accounting for 30% of the province's super-qualified enterprises. Nantong's construction industry output value accounts for about 25% of the province's.


Nantong's construction industry has a long history, and skilled craftsmen have been born in large numbers. Over the past 30 years of reform and opening up, the "Nantong Iron Army" has made great achievements in the north and south, and has become the vanguard of the construction industry in Jiangsu and even the whole country, helping Nantong to become a veritable "hometown of construction".



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