Notice in Issuing the Support Measures for the Intelligent Equipment Industry in Guangzhou Municipal Conghua District (Cong Ke Gong Xin Gui Zi [2024] No.8)
06 December 2024
On 6 December 2024, the Bureau of Science, Technology, Industry and Informatization of Guangzhou Municipality Conghua District (“the authorities”) issued the “Notice in Issuing the Support Measures for the Intelligent Equipment Industry in Guangzhou Municipal Conghua District” (“the Notice”). The Notice announced that leadership enterprises and their holding companies settled in Conghua District shall be granted a one-off subsidy of up to 100% of the total research and development expenses in the previous year, with the subsidy amount for single enterprise not exceeding RMB 60 million in a single year. The Measures shall be valid for 5 years.