Nantong HighTech Zone To Lure More Projects In Key Sectors
(MENAFN-PR NEWSWIRE) SHANGHAI , Aug. 11, 2023 /PRNewswire/ -- In recent years,
Nantong has taken advantage of many national strategic opportunities, such as the Yangtze River Economic Zone and the integration of the Yangtze River Delta. In the year By 2022, Nantong's gross domestic product will reach 1.14 trillion yuan, ranking 23rd among major national cities and 5th among prefecture-level cities.
Nantong Hi-Tech Zone was established in 1992 and in 2013, Nantong's only national high-tech zone was approved by the Provincial Council. It is under the administration of the Ministry of Science and Technology and receives two policy supports from the Ministry of Science and Technology and Commerce. Nantong Hi-Tech Zone is based on industrial development with a clear industrial direction and three different industrial layouts: core industry, emerging industry and smart industry.
"Primary industry" refers to the leading automotive parts industry. Nantong Hi-Tech Zone will share vehicle electrification, Internet coverage, intelligent systems and automotive industry trends, accelerating the transformation of the industry and making use of intelligent, efficient vehicles and customization.
"Emerging industries" represent the new information technology industries. It has created an industry chain that includes integrated circuit design, high-end environmentally friendly printed circuit boards, integrated circuit carriers and other innovative electronic components.
"Intelligent industry" refers to the high-end smart equipment industry, which promotes the digitization, intelligence and computerization of high-end equipment manufacturing industries, such as automobiles, lithium batteries and photovoltaic devices.
Nantong Hi-Tech Zone
Today it is home to multinational incubators and large innovation spaces, with several incubators and accelerators covering over 1 million square meters. Among them, Jianghai Intellectual Park and Jianghai Yuanmengu Valley with a total construction area of 350,000 square meters are the main avenues for science and technology innovation, innovation acceleration, scientific and technological financing and comprehensive support services. These structures are based on four main platforms: technological research and development, business innovation, science and technology financing and international support. At the same time, the area has many industrial areas that create a career and incubation system consisting of "plant, incubator, accelerator and industrial area".
In addition to a high-quality career platform, Nantong Hi-Tech Zone is actively developing a comprehensive life-cycle equity financing system, from entrepreneurship to innovative financing and industrial expansion. It has developed a diversified and multi-level scientific and technological financial investment and financial service chain, including angel investors, securities, venture capital, industrial and banking investments. This institution provides high-quality personalized financial services to businesses at various stages of start-up, growth and maturity.
Source: Nantong Hi-Tech Zone
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