Guangdong to announce paired measures to boost innovation industry

2018-January-30       Source: Newsgd.com

The Layout of Guangzhou-Shenzhen Science and Technology Innovation Corridor.(Source: Newsgd.com)

Guangdong has been studying paired measures to boost Guangzhou-Shenzhen Science and Technology Innovation Corridor, with an aim to attract high-level talents and support innovative enterprises, revealed Wang Ruijun, head of Department of Science and Technology of Guangdong Province.

Wang made the speech when attending the second press conference at the first plenary session of the 13th Guangdong Provincial People’s Congress.

Wang illustrated that the province has been considering to carry out a special action plan to spur joint innovation on science and technology in Guangdong, Hong Kong and Macao. The action plan will include measures on cross-border capitals, taxation balance, talents cultivation and flows, imported duties on R&D equipments, Internet information services and so on.

Wang also promote the cultivation projects to technology-based SMEs and advanced-technology-service enterprises in Guangdong . Qualified enterprises can enjoy extra preferential tax policies.

Recently, a plan for the Guangzhou-Shenzhen Science and Technology Innovation Corridor was issued to establish a 180-km long economic belt crossing Guangzhou, Shenzhen and Dongguan. It is hoped that it will become China’s Silicon Valley.

The plan has three-step development goals for the corridor, to lead technological innovation capacity in China by 2020, to become a science & technology innovation center with global influence by 2030 and to become a world-class science & technology innovation center by 2050.

In recent years Guangdong has tried their best to spur innovation-driven development in the province and made many progress in this field. According to a latest report issued by the Ministry of Science and Technology of China, Guangdong’s capacity of innovation topped in the nation, with excellent performances in enterprise innovation and innovation environment.

Reported by Nan Hu

Edited by Wing Zhang