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Jiangsu Looks to Accelerate Development of High-Tech Sector

Jiangsu has unveiled a raft of measures designed to accelerate the growth of micro, small and medium-sized tech-focused businesses. Among the designated priorities are the following:

  • Encouraging local governments to increase their investment in incubator funds
  • Encouraging local governments to adopt preferential policies with regard to housing, household registration, children’s education and healthcare as a means of assisting high-tech businesses in the recruitment of appropriately qualified / experienced staff
  • Promoting shared access to large / costly scientific equipment, research findings, germplasm resources and scientific data
  • Implementing the innovation park development action plan and establishing high-tech enterprise clusters
  • Supporting a rental allowance for those high-tech enterprises that have relocated to national and provincial-level technology incubators, university science parks or duly-registered makerspaces

The proposal – the Work Plan of Jiangsu Province for the Nurturing of New- and High-Tech Enterprises (2019-2020) – was issued by the General Office of the Jiangsu Provincial People’s Government on 10 June.

Source: Jiangsu Provincial People’s Government


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