Ningde introduces policies to accelerate industrial transformation

( chinadaily.com.cn )

Updated: 2015-07-16

Ningde will reward qualified companies for business transformation and market exploitation, according to the recent public document.

The preferential measures cover promoting industrial transformation, stimulating market exploitation, supporting medium, small and micro-sized companies, providing financial service and promoting energy conservation.

For example, those entitled with "provincial benchmarking industrial enterprises" in 2015 will be granted with 200,000 yuan ($32,220) and those industrial enterprises with at least 50 million yuan in annual online sales for the first time will be rewarded with 100,000 yuan.