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Yinzhou released new policy to support modern service industries

Recently, Yinzhou released Implementing Regulations for the accelerated development of modern service industries of trade, business, agency, logistics, real property management and outsourcing service. "These regulations aim to further promote the quality of development of modern service industries," said Qian An-ning, vice director of Yinzhou District Development and Reform Bureau.

The urban economy led by service industries has been the weak point of Yinzhou. In 2008, Yinzhou released the "Measures on Promoting Modern Service Industries", which started the fast development of the services industries in Yinzhou. At a meeting held early this year, it was further specified that the district should be firm on the strategy of "vitalizing the district with service industries and promote strategic adjustment of the economic structure.

The implementation regulations specify seven focuses that Yinzhou should take on the development of the modern service industries. All the regulations specify that the district should further strengthen the efforts on the introduction and nurturing of projects. According to the regulations, subsidies from a special fund should be given to those newly established service enterprises and those that newly open in office buildings and in particular, priority should be given to the emerging industries like outsourcing services, software and cartoon and animation.

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