The Nantong Industrial Technology Research Institute, in the Nantong Economic & Technological Development Area, or NETDA – located in Nantong city in East China's Jiangsu province – is moving to offer policy support and funding to boost local companies, according to local media reports on May 18.

The institute introduced the initiative, after conducting a thorough survey of the requirements of local enterprises.

As a part of the overall move to bolster local business, the Nantong Industrial Technology Research Institute will hold the 2021 Simulation Technology Applications Conference. The goal is to resolve a bottleneck that is retarding the informatization development of manufacturers – and to promote the integration of government, industry, education and research resources.

It is understood that the institute will also join hands with local authorities to host a 2021 science and technology service business training meeting. The aim is to outline to participants salient points, to facilitate technology contracts recognition and registration, as well as related policies for technology transfers.