To provide more targeted and effective services for local enterprises, the administrative committee of Nantong Gangzha Economic Development Zone has formulated a series of policies specific to the industrial structure of Gangzha district, ensuring that potential entrepreneurs set up their businesses in this area and promoting their healthy growth in the future.

Industrial supporting policies

In view of both the national industrial development strategy and local industrial development, the administrative committee of Nantong Gangzha Economic Development Zone has made a "1+1+N Plan" to promote the intelligent equipment manufacturing sector, electronic information industry, and many others that have high growth potential in the zone. All qualified enterprises that have met the set investment standard in the above fields will receive the customized support and resources they need.

• Talents According to Nantong Jianghai Talents Plan and Gangzha Shibei Talents Introduction Plan, successful applicants will receive incentives, such as financial support for the costs of housing and workplaces.

• Technology According to policies such as No 53 [2018] promulgated by the administrative committee of Nantong Gangzha Economic Development Zone, enterprise applicants engaged in scientific and technological research and development (R&D) activities can receive a research fund and will be encouraged to set up their own R&D centers, and high-tech enterprises can expect tax deductions.

• Manufacturing Sector According to policies such as No 93 [2019] promulgated by the Gangzha district government and No 17 [2018] by the Nantong municipal committee, accredited enterprises that meet the investment and taxable sales requirements can expect financial support and equipment investment.

• Services Sector According to policies such as No 50 [2018] promulgated by the Nantong municipal government and No 90 [2017] by the Nantong municipal government office, successful applicants will receive monetary incentives and industrial development funding.

Cultural Sector According to policies such as No 4 [2016] promulgated by the Department of Finance of Jiangsu Province and No 11 [2016] by the Nantong municipal publicity department, qualified cultural enterprises can receive financial support, subsidies for fixed asset investment and loan interest.

Industrial development funds

As part of Gangzha district's efforts to promote the development of the strategic emerging industries listed in the 13th Five-Year Plan (2016-2020), the Gangzha Economic Development Zone Strategic Emerging Industry Investment Fund, a government-guided fund amounting to 2.5 billion yuan (about $353 million), was launched to support key projects in Gangzha's information industry and high-end equipment manufacturing sector, both of which are decisive for facilitating industrial upgrading and attracting investment.