Guided by industrial leaders, a number of reputable high-tech firms have settled down in Yandu. Jiangsu Together Science and Technology is a company that boasts an entire production-education-research industrial chain, which has spurred innovation and development.

"Research and development is at the heart of our company, and with support from the local government, we have managed to connect with universities and research institutions to launch a series of cooperation projects," said Liu Tao, general manager of Jiangsu Together Science and Technology.

"Our R&D team has rolled out a number of cutting-edge terminal products to the market," said Liu, adding that the company will team up with major telecom operators to develop 5G terminals.

He said the company aims to develop high-end communication terminals to boost Yancheng's distinctive smart terminal industry.

Before construction on the smart terminal industrial park was finished, Yandu district had already been cooperating closely with mobile phone, integrated circuit, and other industry associations in Shenzhen and Shanghai. It is dedicated to deepening institutional reforms, promoting the "zero-visit" government review system, and offering high-quality services to help enterprises expand.