BEIJING, Feb. 21 (Xinhua)– Chengdu, capital of southwest China's Sichuan Province has recently unveiled a series of policies to support healthy development of the local private enterprises, according to the local newspaper on Thursday.
Last year,Chengdu's private economy realized an added value of 746.48 billion yuan, an increase of 8.1 percent year-on-year, 0.1 percentage points higher than the city's GDP growth rate. And the added value of its private economy accounted for 48.7 percent of the local GDP, up 0.1 percentage point year-on-year, showing the important role of the private economy in the local economic development.
According to the policies,Chengdu will reward the private enterprises selected in the list of “Top 500 private enterprises in China”, “Top 500 enterprises in China”and “Top 500 enterprises in the world” for the first time, with one-time bonus of 3 million yuan, 10 million yuan and 20 million yuan, respectively.
Regardingthe private enterprises' difficulty in getting financing, Chengdu will set up an emergency revolving fund in the amount of 10 billion yuan and the bail-out assistance fund for the listed companies also in the amount of 10 billion yuan,and roll out some innovation means for financing to help them ease the pressure on financing.
Chengdu will also support the private enterprises to enhance innovation ability and offer subsidies to them for their R&D products successfully applied on the market. (Edited by Wang Tengfei)
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