Rudong county, in Nantong, Jiangsu province held the 2018 Nantong semiconductor equipment & materials industry development forum, on July 16, inviting around 60 participants to discuss the innovative development of the domestic semiconductor industry.

Participants included experts and scholars in the field of semiconductors, entrepreneurs from Taiwan, Shenzhen and Suzhou and delegates of financial and investment institutions.

Gong Chenghe, deputy secretary-general of the China Semiconductor Industry Association, said that developing the semiconductor industry would promote economic transformation and upgrading in the new era.

Rudong county has already achieved success in that development. Eight enterprises have signed to settle in Rudong county’s semiconductor equipment & materials industrial park, which is about to open. The park will cover an area of around 200,000 square meters, with an expansion area of 200 hectares. It is expected to be a cluster center and demonstration zone for the semiconductor industry and industrial transformation and upgrading. It also aims to be the center of high-tech achievements in semiconductors in Rudong county and even throughout the Yangtze River Delta region.

Chen Lei, deputy secretary of the Party Committee of Rudong County, said that Rudong county will strive to create a favorable environment for entrepreneurship, improve procedures and incentives, and build professional incubators and research platforms to encourage local entrepreneurship and innovation.