An aerial view of the Zhangjiagang High-tech Industrial Development Zone. [Photo/zjgonline.com.cn]
The Zhangjiagang High-tech Industrial Development Zone (ZHIDZ) in Zhangjiagang, a county-level city in Suzhou, East China's Jiangsu province, has set ambitious goals for high-quality growth in 2022.
To bolster its three major industries – digital economy, high-end equipment and new energy, the development zone aims to introduce five 1-billion-yuan ($147.97-million) projects and two $100-million foreign-funded projects related to these sectors this year. It will also push ahead with 29 major projects which have a combined 23.22 billion yuan in investments to promote industrial upgrading.
The development zone has signed cooperation agreements with three investment attraction agencies in Shanghai and built a ZHIDZ-Shanghai Innovation Center to draw high-tech projects from the metropolis.
The zone will offer 30 million yuan in subsidies and implement eight preferential policies to support the construction and development of high-tech projects. It will also work with State-owned banks and financial institutions to provide loans to the projects.
The ZHIDZ will also improve its transportation network and build more pocket parks to create a modern urban area.