As one of the first batch of coastal open cities in China, Nantong is the heavyweight in emerging industry in Yangtze River Delta region. It was also the birthplace of China's modern industry.
Zhang Jian (1853-1926), an entrepreneur, educator and politician born in Nantong, made great contributions to the city's flourishing by developing industry, establishing schools and building infrastructure. Now, the city has become the central city in north wing of Yangtze River Delta region, featuring ports, industry, commerce and tourism.
The Integrated Circuit Components Industry Park was officially signed to settle in the Nantong National High-tech Industrial Development Zone on Oct 31.
As an important part of national integrated circuit (IC) industry development, the park, jointly developed by the National Integrated Circuit Components Innovation Alliance and Nantong National High-tech Industrial Development Zone, is a major force in promoting the coordinated development of China's IC industry.
Su-Tong Yangtze River Highway Bridge
The Su-Tong Yangtze River Highway Bridge turns the former barrier of the Yangtze River into a thoroughfare, and connects Suzhou south of the river and Nantong in the north.
In addition, other cross-river channels are being built, including Zhangjiagang-Rugao, Haimen-Taicang, the second channel of Suzhou-Nantong. A transport layout of eight main channels across the Yangtze River will be formed during the 14th Fiver-Year Plan (2021-25).
Su-Tong Yangtze River Highway Bridge [Photo/WeChat account: ntgjgxq]
With the implementation of strategies to develop coastal areas and integrate the Yangtze River Delta (YRD) region, several strategic traffic projects, such as the new airport and the northern high-speed rail line along the Yangtze River and Tongzhou Bay, have been included as part of national planning. Work on the wharf and distribution system at Lyusi Port has started and is due to be completed in 2021.
Tongzhou Bay [Photo/WeChat account: ntgjgxq]
Shanghai-Suzhou-Nantong Yangtze River Bridge
The Shanghai-Suzhou-Nantong Yangtze River Bridge, with a six-lane expressway on its upper deck and four railway tracks on its lower deck, opened July 1, 2020, giving Nantong its first cross-river rail line.
Shanghai-Suzhou-Nantong Yangtze River Bridge [Photo/WeChat account: ntgjgxq]
Nantong Xingdong International Airport
Nantong Xingdong International Airport in Nantong National High-tech Industrial Development Zone, has opened seven international routes.
The site for Nantong's new airport has been approved and in the future, with Shanghai's Pudong and Hongqiao airports, it will form an air hub in East China. Nantong National High-tech Industrial Development Zone will become the only national high-tech zone in China boasting two international airports.
Nantong Xingdong International Airport [Photo/WeChat account: ntgjgxq]
Nantong National High-tech Industrial Development Zone takes auto parts as its leading industry and new generation information technology as its emerging industry.
As China's die-casting demonstration base, it strives to upgrade its auto aluminum die-casting for more smart and automatic operation and to expand its business in new energy vehicles' power assembly, drive disk assembly and battery packs. There is a string of listed enterprises and Fortune Global 500 companies in the zone, including Guangdong Hongtu Technology (Holdings) Co Ltd, Aotecar New Energy Technology Co Ltd, Guangdong Wencan Die-casting Co Ltd as well as FCL and Aptiv.
The zone has spared no efforts in building an integrated circuit (IC) industrial highland featuring electronic materials, passive components, electronic circuits, integrated circuits, display devices, intelligent equipment and its supporting industry. The zone has introduced a batch of semiconductor material and equipment projects in chip manufacturing, IC design, compound special chips, 5G and IC substrate. Listed companies include Shengyi Technology Co Ltd, Jianghai Capacitor Co Ltd, and Suntak Technology Co Ltd.
Its output value is expected to surpass 100 billion yuan ($14.4 billion) in 2020, making it an influential new generation information technology industrial agglomeration in the Yangtze River Delta region in five years.
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.