Ningbo's new policy to promote industrial economy
- Details
- Category: Governmental News
- Published: Tuesday, 24 July 2012 15:58
At the meeting on industrial economy held on July 16, Ningbo released "Measures on Promoting Steady Growth, Structural Adjustment and Transformation of Industrial Economy", which, against the biggest problems and difficulties confronting enterprises, proposes a number of policies to promote the steady recovery and structural adjustment of industrial structure.
In order to strengthen valid industrial investment, the city shall integrate the existing policies and measures to guide enterprises to invest more in technological renovation. In the three years from 2012, the city each year will put aside 1 million yuan as special funds for small and micro enterprises to promote the concentrated development of these enterprises. It will strengthen the supervision of the industrial land use, uplift administrative efficiency and encourage investment in business in science and technology.
The key to the optimization of industrial structure is to support strategic emerging industries, build a perfect chain of competitive industries and nurture the high promising enterprises. From 2012 on, the city will set up a special fund for such enterprises. In five year, each year the city will give preferential policy support to a number of high promising technological enterprises to expand their production scale.
In 2012, the city will put aside 40 million yuan as special funds for scientific and technological projects to support the research and development institutions in enterprises. It will allocate a special fund of 30 million yuan for intellectual property rights, to support the enterprises advantageous for their independent intellectual property rights.
