More than 100 enterprises in new industries with yearly sales of 100 million yuan ($16.3 million) will be developed in Zhangjiagang, Jiangsu province, according to officials from the Zhangjiagang science and technology bureau.

A total of 138 technology-oriented enterprises were listed by the bureau from 2013-2015. Another 15 enterprises are expected to have yearly sales of more than 1 billion yuan. Another 39 will have sales of 100 million yuan.

The bureau currently focuses on supporting policies in developing technological finance and enriching public service resources to help the 138 enterprises develop.