Administrative Measures for Utilizing Special Funds to Support the Development of Industry in Conghua District of Guangzhou Municipality (Cong Cai Gui Zi [2024] No.1)

12 July 2024

On 12 July 2024, the Finance Bureau of the Conghua District of Guangzhou Municipality issued the “Administrative Measures for Utilizing Special Funds to Support the Development of Industry in Conghua District of Guangzhou Municipality” (“the Measures”). The Measures are applicable to high-tech enterprises with business relationship within Conghua District, those eligible enterprises can apply for the special funds. The special funds are mainly used to create high-quality and green development and drive the development strategy to accelerate the construction of innovative and technological industrial system. The Measures will be implemented from 12 July 2024 and will be valid for 5 years.

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