20 November 2024
On 20 November 2024, the Zhongshan Industry and Information Technology Bureau (“the authorities”) issued the “Notice of Issuing the Implementation Measures for the Special Funds Projects of Pilot City for Small and Medium-sized Enterprises Digital Transformation in Zhongshan Municipality” (“the Measures”). The Measures announced that transformed enterprises are subsidized according to the digitalization level: for digitalization level 2 enterprises, subsidized up to RMB 300,000; for digitalization level 3 enterprises, subsidized up to RMB 600,000; for digitalization level 4 enterprises, subsidized up to RMB 1 million. These Measures shall be valid until 31 December 2026.