Notice of Issuing the “City Pilot Work Plan for the Digital Transformation of Small and Medium-sized Enterprise in Guangzhou Municipality (2024-2026)” (Sui Gong Xin Han [2024] No. 358)
19 December 2024
On 19 December 2024, the Guangzhou Municipal Bureau of Industry and Information Technology (“the authorities”) issued the “Notice of Issuing the “Notice of Issuing the “City Pilot Work Plan for the Digital Transformation of Small and Medium-sized Enterprise in Guangzhou Municipality (2024-2026)”” (“the Plan”). The Plan announced that subsidy is provided to enterprises at no more than 50% of the approved investment for digital transformation projects. In particular, the total cumulative subsidy is provided up to RMB 600,000 for enterprises whose digitalization level has reached the second-level; total cumulative subsidy is provided up to RMB 1 million for third-level enterprises; and total cumulative subsidy is provided up to RMB 1.5 million for fourth-level enterprises. This Plan shall be effective until 31 December 2026.