General Secretary Xi Jinping stressed during this year's annual session of the NPC that it is important to create a social atmosphere that encourages innovation and entrepreneurship, especially to provide favorable conditions for the development of small and medium-sized enterprises and young people. Following the General Secretary’s important speech, Jiangsu has relied on the advantages of university research institutes and enterprises to actively create an upgraded version of mass entrepreneurship and innovation, and fully release the new kinetic energy created by innovation and entrepreneurship.
Recently, the third phase construction of Nanjing Qinhuai Silicon Lane entered the final stage. The two old factories of the former Nanjing Light Industry Machinery Plant were transformed into a business park full of fashion elements. Despite being located in the old town lanes, with its convenient transportation and perfect living facilities and its proximity to universities and research institutes, the silicon lane has attracted many entrepreneurs. The companies that have settled here have formed up with three major industrial clusters featuring chip applications, aerospace technology and military and civilian integration.
In order to accelerate the release of innovation vitality, Nanjing regards the construction of the city's "Silicon Lane" as an important starting point for the construction of an innovative city by releasing new space through the renovation of old factories and shantytowns, and accommodating innovative entrepreneurs in the streets and lanes in the urban texture so as to give birth to innovation factors.
Though of small sizes, these silicon lanes are complete with the entrepreneurial support policies such as low rents, preferential taxes, free broadband networks, and even central kitchens for takeaways.
The silicon lanes have given the old urban areas a new vitality, and also reflected the new temperament of Jiangsu's innovation and entrepreneurship ecology.
Following the spirit of the General Secretary’s important speech, Jiangsu has actively created an upgraded version of the mass entrepreneurship and innovation campaign by organizing and identifying 58 provincial-level demonstration bases to create new incubation platforms, technology research and development platforms, international innovation platforms, diversified service platforms, 5 national-level professional maker spaces, and building 1 national-level and 9 provincial-level military-civilian integration industry demonstration bases to cater to the different needs of entrepreneurs.
The province now registers more than 1600 entrepreneurship and innovation incubators with the number of national incubators ranking first in the country for several years in a row.