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Development and Investment Guide Fund Set up
http://www.cixi.gov.cn/ 2011-01-07

  To speed up the development of emerging industries, the authority has set up a development and investment guide fund of 200 million Yuan. The related policies is said to have been put forward.

  The fund was set up by the government with the purpose of supporting investment enterprises with the help of the financial funds so as to attract more excellent emerging and investment enterprise to come to our city to establish their investment companies and invite more capitals and programs and technology and talents to the city. The final purpose of the practice is to enhance the establishment and improvement of investment system and promote the development of emerging industries.

  The related policies say that the emerging industries cover such industries as new material, new energy, advanced manufacturing and electronic information. Besides, medical equipment, biological medicine are also involved. In addition, industries needing less energy and producing less pollution are also covered.

  The companies which enjoy guide fund are required to go in for interest investment and provide relevant service. They will gain added benefit through interest transfer. The companies are also required to be involved in emerging industries and the research, development, production, promotion and service of high-tech products. The age of the companies should be under 5 years old and they should be non-listed companies.

  To speed up the development of emerging industries, the authority has set up a development and investment guide fund of 200 million Yuan. The related policies is said to have been put forward.

  The fund was set up by the government with the purpose of supporting investment enterprises with the help of the financial funds so as to attract more excellent emerging and investment enterprise to come to our city to establish their investment companies and invite more capitals and programs and technology and talents to the city. The final purpose of the practice is to enhance the establishment and improvement of investment system and promote the development of emerging industries.

  The related policies say that the emerging industries cover such industries as new material, new energy, advanced manufacturing and electronic information. Besides, medical equipment, biological medicine are also involved. In addition, industries needing less energy and producing less pollution are also covered.

  The companies which enjoy guide fund are required to go in for interest investment and provide relevant service. They will gain added benefit through interest transfer. The companies are also required to be involved in emerging industries and the research, development, production, promotion and service of high-tech products. The age of the companies should be under 5 years old and they should be non-listed companies.

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