Notice of Issuing “Several Policy Measures to Accelerate the High-quality Development of Modern Urban Industries in Guangzhou Municipal Tianhe District (Revision)” (Sui Tian Ke Gong Xin Gui Zi [2024] No. 4)
30 December 2024
On 30 December 2024, the Department of Industry and Information Technology of the Tianhe District of Guangzhou Municipality (“the authorities”) issued the “Notice of Issuing “Several Policy Measures to Accelerate the High-quality Development of Modern Urban Industries in Guangzhou Municipal Tianhe District (Revision)”” (“the Measures”). The Measures announced that industrial enterprises shall be provided with support of not exceeding RMB 100,000 per year for every RMB 20 million increase in the annual gross industrial output value comparing to the previous year, with a maximum of RMB 1 million. These Measures shall be effective until 31 December 2026.