Measures to boost new-type industrialization in Guanshanhu

Guanshanhu district in Guiyang, capital of Southwest China's Guizhou province, recently issued a circular to boost local new-type industrialization, according to the district's bureau of industry and information technology.

The circular proposes 10 major measures, including project introduction, coordinated development, and the extension and development of industrial chains. 

It targets industrial enterprises, enterprise employees or standard factory operators with no record of dishonesty, no safety incidents during operations, independent legal person status, sound financial system, independent accounting, and market supervision, taxation and statistical relations established in Guanshanhu.

For new industrial projects with over 100 million yuan ($14.84 million) (excluding land transfer/allocation costs) in fixed asset investment, fixed asset investment per mu (666.67 square meters) and that have acquired industrial land through bidding, auction and listing, a one-time award of up to 5 million yuan will be given. 

Guanshanhu district encourages industrial enterprises to cooperate with other local enterprises without equity and asset relationships to extend industrial chains and expand the market through the professional division of labor, service outsourcing, order production, and sharing platforms.

Industrial enterprises that expand their operation scale to above designated size – those with annual revenue of 20 million yuan or more – will each be given a one-time award of 300,000 yuan.

In addition, the circular also clarifies policies on the technological transformation of enterprises, increases in production capacity, financing, talent introduction, and technological innovation incentives.