Nanjing Economic and Technological Development Zone (NETDZ)
The Nanjing Economic and Technological Development Zone (NETDZ) is located in the northeast suburbs of Nanjing, Jiangsu Province, China. It is close to the Xinshengyu Foreign Trade Harbor, China's largest inland-river harbor, and the Second Yangtze River Bridge in Nanjing.
High-tech products take up more than 70% of the NETDZ's gross industrial output. And NETDZ has four functional areas: Nanjing Export Processing Zone, National Nanjing Xin Gang High-tech Industrial Park, National Cross-Strait Science and Technology Industrial Park, Nanjing Korea Industry Park and Nanjing LG Industry Park. The horizon robots company, which had a valuation of more than 3 billion U.S. dollars, is the world's first valuation of AI chip start-up.
The major industries encouraged in the zone, which include electronic information, biopharmaceuticals, machinery and new materials, contribute more than two thirds of the zone’s GDP, the output value is nearly 300 billion yuan.