Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road
News for Outlets

SW. China's Yunnan allocates RMB7.06 bln for developing manufacturing industry in 2016-2020

April 07, 2021


Abstract : Local authorities in southwest China's Yunnan Province allocated 7.06 billion yuan of special funds for promoting the development of manufacturing sector during the 13th Five-Year Plan period (2016-2020), reported Yunnan Daily Tuesday.

XxjpbeE007292_20210127_PEPFN0A001_720x720.JPG

Photo taken on Dec. 3, 2020 shows a production line of new-energy vehicles in Kunming, southwest China's Yunnan Province. (Xinhua/Jiang Wenyao)

BEIJING, April 7 (Xinhua) -- Local authorities in southwest China's Yunnan Province allocated 7.06 billion yuan of special funds for promoting the development of manufacturing sector during the 13th Five-Year Plan period (2016-2020), reported Yunnan Daily Tuesday.

The province distributed a total of 150 million yuan into the automobile manufacturing sector in the past five years, supporting the construction of 36 major projects in the auto industry.

Meanwhile, a total of 1.25 billion yuan of subsidy funds have been injected to further promote the application of NEV in the province.

At present, 4 complete vehicle manufacturing enterprises and 7 modified vehicle companies were settled in the province, which can achieve an average production of 382,000 units per year. Among them, 7 enterprises are qualified to produce NEV vehicles.

From 2016 to 2020, a total of 1.93 billion yuan was allocated to transform and upgrade the manufacturing industries in Yunnan, while another 3.16 billion yuan was distributed to support projects' construction in private sectors.

In 2020, Yunnan Province raised 18.06 billion yuan for infrastructure projects under 79 manufacturing parks by issuing local government special bonds.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com) 

Scan the QR code and push it to your mobile phone

Keyword: manufacturing Yunnan

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial