Nanyang Hi-Tech Industries Development Zone（南阳高新技术产业开发区）
Nanyang Hi-Tech Industries Development Zone (HTIDZ) is a provincial-level development zone authorized by the Henan Provincial Government in March 1995. The zone, put into operation in January 1996, passed the National Development and Reform Commission's (NDRC) review in December 2005. Situated in the northeast quadrant of the city, it covers an area of 9.2 square kilometers, and has a population of around approximately 120,000 people.
Guided by the principle of "centralized layout, economical use of land, and industrial agglomeration", Nanyang's HTIDZ has spent 800 million yuan in improving its infrastructure, of which 370 million yuan has been spent on construction. Park 1 is devoted to developing the electronic information industry, Park 2 to cultivating the electromechanical equipment manufacturing industry, the south section of Park 3 to developing traditional industries based on thermo power projects in Nanyang, and the north section of Park 3 to bringing in high-technology projects.
Apart from building and improving infrastructure, Nanyang's HTIDZ also adopts a new management mode, such as concentrated office locations, one-stop examination and approval, one package service, shorter waiting times in response to requests, and simplified business procedures. It has also expanded the range of the application to preferential policies, under which both Chinese and foreign investors can enjoy the best services and the best investment environment.
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