Nantong Hightech Zone To Lure More Projects In Key Sectors

SHANGHAI , Aug. 11, 2023 /PRNewswire/ -- In recent years, Nantong has taken advantage of many national strategic opportunities, such as the Yangtze River Economic Belt and the integration of the Yangtze River Delta. In 2022, Nantong's GDP will reach 1.14 trillion yuan , ranking 23rd among major cities in the country and 5th among prefecture-level cities.

Nantong High-Tech Zone was established in 1992 and upgraded to Nantong Single High-Tech Zone in 2013, which was approved by the State Council. It is under the administration of the Ministry of Science and Technology and has dual political support from the Ministry of Science and Technology and Commerce . Nantong High-Tech Zone focuses on industrial development with clear industrial orientation and three different industrial layouts: basic industry, emerging industry and smart industry.

"Primary industry" refers to the primary auto parts industry. Nantong High-Tech Zone takes advantage of the opportunities of vehicle electrification, Internet coverage, intelligent systems and sharing automotive trends to accelerate the transformation and improvement of the industry, for vehicle intelligence, convenience and personalization.

"Emerging Industry" represents the new generation of the information technology industry. It has formed an industrial chain that includes integrated circuit design, high-end environmentally friendly printed circuit boards, IC sockets and other new electronic components.

"Smart Industry" refers to the high-end smart device industry contributing to the digitization, intelligence and computerization of the high-end device manufacturing industry, with products including smart devices such as automobiles, lithium batteries, and photovoltaics.

Nantong High-Tech Zone currently has a number of national-level incubators and massive innovation centers, with several incubators and accelerators covering an area of ​​more than one 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 carriers of scientific and technological innovation, acceleration of incubation, scientific and technological services and comprehensive support. These organizations are based on four main platforms: technological research and development, entrepreneurship incubation, science and technology financing and comprehensive support. At the same time , the area has several industrial parks, which form a transport and incubation system made up of "plants, incubators, accelerators and industrial parks".

In addition to high-quality operator platforms, Nantong High-Tech Zone has actively established a comprehensive support system for the life cycle of capital funds, from enterprise incubation to innovative financing and industrial expansion. It has a diversified and multi-level chain of science and technology investment and financing financial services, including angel investors, guarantees, venture capital, industrial investment and banking services. This support provides high-quality personal financial services to businesses at different stages of start-up, growth and maturity.

SOURCE Nantong Hi-Tech Zone

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