Nantong National High-tech Industrial Development Zone ranked fourth among 126 provincial-level and above development zones for investment environment in Jiangsu in 2018.
Perfect preferential policies
The zone enjoys more preferential policies introduced by the Ministry of Science and Technology, including State and provincial science and technological project applications set alone for the zone, prioritized application rights and special funds for the commercialization of research findings joint tendered by both provincial and local governments.
From the perspective of industrial policies, enterprises can obtain industrial development funds, awards for their tax contributions, plant subsidies, equipment allowances and fee remissions, according to many indices such as their equipment input, output effects, and scientific and technological innovation capacity.
In Nantong National High-tech Industrial Development Zone, innovation and entrepreneurship projects can enjoy financial support from province, city and zone simultaneously. In addition, innovation and entrepreneurship projects, innovation research and development platforms and efficient technological transformation results can also enjoy supporting funds granted by the zone.
Abundant start-up carriers
Nantong National High-tech Industrial Development Zone has one million square meters of incubators and accelerators. Covering 318,000 square meters, Jianghai Smart Park has four platforms featuring technology research and development, business incubation, science and technology finance and comprehensive supporting utilities. Jianghai Dream Valley covers 38,000 square meters and is a State-level maker space, featuring cloud computing, big data and mobile internet. In addition, it has a string of industrial parks, such as Juheng industrial park, Jufeng industrial park and Boding industrial park with areas from 6.67 to 10 hectares.
Complete financial service platform
Based on its innovation and entrepreneurship service center, Nantong National High-tech Industrial Development Zone has introduced many financing institutions, featuring venture capital investment, science and technology insurance and science and technology guarantees to offer enterprises services in equity investment, loan guarantees and trusteeship of the stock rights. It has set up three key industrial funds, namely an investment mother fund for scientific and technological industry, a Jianghai merchant fund, and a fund for venture capital in coastal areas. These funds mainly focus on electronic information and semiconductors, smart equipment and high-end manufacturing, and new energy and new materials.
Nantong National High-tech Industrial Development Zone is equipped with ample living infrastructure, such as starred hotels, commercial complexes, shopping malls, talent apartments, international schools and golf courses. Compared with Shanghai and Suzhou, Nantong's labor resource is greater in number, better in stability and lower in costs.