Notice of Issuing “Several Measures for Promoting High-quality Development of Manufacturing Industry in Huizhou Municipality” (Hui Fu [2025] No. 8)
21 January 2025
On 21 January 2025, the People’s Government of Huizhou Municipality (“the authorities”) issued the “Notice of Issuing “Several Measures for Promoting High-quality Development of Manufacturing Industry in Huizhou Municipality”” (“the Measures”). The authorities announced that a one-off award of RMB 1 million is provided to newly recognized provincial-level new research and development institutions in the manufacturing industry, and subsidies of RMB 500,000 and RMB 300,000 are provided, respectively, to institutions that are rated “excellent” and “good” in annual evaluation results. These Measures shall be valid for 3 years.