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Songjiang plans sci-tech hub
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THE city’s suburban Songjiang District is to build a sci-tech innovation hub, composed of nine industrial parks scattering along the G60 Expressway, which stretches across the whole district, to upgrade the district’s manufacturing industry and promote innovation, officials said yesterday.
By integrating the resources of the nine industrial parks, the district aims to play an important role in the city’s development as a innovation center with global influence.
To attract talent and innovative companies, the district rolled out 60 preferential policies yesterday, including a 2-billion yuan (US$310 million) annual budget to encourage innovation and entrepreneurship, and industry upgrades.
For example, an accredited company that establishes its headquarters in Songjiang will be eligible for subsidies of up to 10 million. Enterprises may also apply for subsidies for technology upgrade projects and purchasing new equipment for research and development.
Recruited workers can enjoy a five-year rental subsidy, and those buying a home in Songjiang who have served with an accredited company can be eligible for a 1-million-yuan subsidy to help them make the purchase.
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