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Guizhou: Accelerating the Development and Expansion of the County Economy; Supporting Counties in Promoting Industrial Upgrading and Expansion Based on Their Leading Industries
The People's Government of Guizhou Province has issued the "Several Policy Measures to Support the Integrated Development of Industry, County Strengthening, and People's Prosperity." The document states that efforts will be made to accelerate the development and expansion of the county-level economy. It supports counties in leveraging their leading industries to enhance industrial quality and scale, and to promote cluster-based development. It also calls for increased support for leading county-level industrial enterprises and the cultivation of "specialized, refined, distinctive, and innovative" small and medium-sized enterprises (SMEs), with the aim of fostering a number of provincial-level SME specialty industrial clusters. Support will be provided to help county-level industrial enterprises replace inefficient and outdated equipment. Through provincial science and technology programs and other means, support for R&D activities in county-level industrial enterprises will be strengthened, and eligible enterprises will be supported in applying for national high-tech enterprise status. coordinate the effective use of special funds for interest subsidies on loans for ethnic trade and the production of ethnic-specific goods to support the development of ethnic trade in counties, and allocate provincial special funds for industrial and information technology development to support industrial transformation and upgrading in counties.
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