Guangzhou Encourages Development of Advanced Manufacturing

The Bureau of Industry and Information Technology of Huangpu District, Guangzhou, recently released the implementation rules for further promoting the development of advanced manufacturing in the Huangpu district, Guangzhou Development Zone, and Guangzhou High-Tech Zone. All advanced industrial enterprises and institutions with place of registration, tax collection and administration relations and statistical relations in Huangpu district, Guangzhou Development Zone and the industrial parks under their entrusted management and jurisdiction that are independent legal entities with a sound financial system and practise independent accounting that qualify for support policies are eligible for the relevant awards under the implementation rules.

Awards are presented for outstanding performance in project landing, growth and progress, corporate talents, transformation and upgrading, and industry linkage. The implementation rules will remain in force until 25 February 2023.

Source: Bureau of Industry and Information Technology of Huangpu District, Guangzhou