Zhengzhou New Materials Industry Cluster Area Investment Policy Q & A

**Abstract** [China Superhard Materials Network News] On July 20th, to promote industrial transformation and upgrading, financing, and innovation development, the Pan Pearl River Delta Forum on Superhard Materials, Abrasives, and Coated Abrasives was held in Longgang District, Shenzhen. During the final interactive session of the event, representatives from participating companies showed strong interest in the "Zhengzhou New Material Industry Cluster Area" and raised questions regarding the policies and development plans of the cluster. Wang Xin, Deputy Secretary of the Fuyang Municipal Committee and Director of the Zhengzhou New Materials Industry Cluster Management Committee, along with the Secretary of the Party Working Committee, answered the questions one by one. The forum aimed to foster collaboration among industry players and explore new opportunities for growth in the superhard materials sector. The Zhengzhou New Material Industry Cluster is currently in its early stages, with a higher concentration of super-hard material enterprises. However, the long-term vision is to develop a comprehensive industrial park that integrates various sectors, including general grinding, abrasive processing, and equipment manufacturing. This approach ensures a well-rounded ecosystem that supports both large and small enterprises. Regarding entry requirements, the cluster area is designed to welcome a wide range of companies, with clear guidelines and support mechanisms in place. For small and medium-sized enterprises, the cluster offers significant advantages, such as standardized factory buildings and cost-effective investment options. A total of 100,000 square meters of factory space has been allocated, with land approval already granted. Enterprises investing less than 100 million yuan can benefit from reduced initial costs. When asked about investment advice, Wang Xin emphasized the importance of careful planning and steady growth. He highlighted the strategic location of the Fuyang New Industrial Park, which offers convenient transportation and complete living facilities. As the leading industry in Henan Province, the cluster represents a unique opportunity for businesses looking to establish themselves in a growing market. With its strong policy support and promising future, the Zhengzhou New Material Industry Cluster is attracting attention from investors across the country. The forum provided valuable insights into the potential of this emerging industrial hub, encouraging more companies to consider it as a key destination for their future development.

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