Guangdong Unveils Measures for Boosting Investment in Advanced Manufacturing

On 18 March, the Guangdong provincial government issued a circular on boosting investment in advanced manufacturing projects (Yue Fu No. 21 [2021]) to promote the high-quality development of strategic pillar industry clusters and strategic emerging industry clusters. This involves strengthening guidance for different regions and sectors, increasing rewards for investment in manufacturing, strengthening integrated promotion of domestic and foreign investment across whole industry chains, promoting the building of technology innovation platforms, and strengthening financial and industrial capital support. These measures are effective from the date of issuance and will remain in force until 31 December 2025.

Source: Guangdong Provincial People’s Government ​​​​​​​