NANNING, June 20 (Xinhua) -- South China’s Guangxi Zhuang Autonomous Region has recently rolled out new measures to further encourage investment in the region.
According to the measures, the region is set to offer 30 million yuan at maximum to hi-tech project introduced.
The new measures offers higher incentives in all respects, with incentive for major projects being enhanced to 1 percent of the investment and a maximum of 30 million yuan. Meanwhile, incentive scope is expanded.
In terms of improving incentive mechanism, both investment projects and intermediary agencies can enjoy award, a practice impossible in the past. Relevant mechanism has been improved to ensure that eligible enterprises can receive policy bonus.
(Edited by Yang Yifan, yangyifan@xinhua.org)
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