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Maoming rolls out measures to spur industry development

Updated: Aug 22, 2023 Print
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To accelerate its industrial development, Maoming has introduced 33 measures under eight actions. 

They include cutting taxes and administrative fees, promoting financing, ensuring stable supplies and prices and boosting investment – all designed to consolidate the various basic conditions for industrial economic development and boost the momentum of industrial economic growth.

In the first half of the year, Maoming's enterprises above a designated size - those with main annual business revenue above 20 million yuan ($2.75 million) - generated total industrial output worth 28.85 billion yuan and completed industrial investment of 7.82 billion yuan, increasing 0.5 percent and 3.3 percent year-on-year, respectively.

What's more, Maoming has made efforts to promote the construction of a main platform for the orderly transformation of industries. It closely monitors the development dynamics of the main platform, the added value of enterprises above a designated size, industrial investment, as well as land acquisitions every month, and solves the key issues that restrict development.

Maoming has also resolved the inefficient land use in industries and has carried out cooperation and exchanges with other cities.

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