Macro Economy: Incentives for firms By Deng Hanneng (Shenzhen Daily) Updated: 2006-05-23 13:52
The Shenzhen government has announced a number of incentives for companies
that are regarded as ¡°innovative¡± in an effort to boost the city¡¯s
competitiveness in research and development.
In a news conference held at the Citizens¡¯ Center in Futian District
yesterday, officials from 20 government departments promised streamlined
administrative procedures and tax benefits to ¡°innovative¡± companies.
For the first time in the city¡¯s history, the finance bureau said it would
include innovative products and services on the government procurement
list. (For more biz stories, please visit Industry Updates)
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