Dongguan Promotes Traditional Industries and Information Technology Services

On 20 November, the Bureau of Industry and Information Technology of Dongguan issued a circular containing measures for the management of special funds for pilot projects relating to “3+1” industrial clusters. The funds will support the development of industrial clusters around three dominant traditional industries - namely food and beverage, textile and apparel, and furniture, as well as software and information technology services. These measures will remain in force until 31 December 2022. The measures include:

• Support for the development of industrial clusters

• Growth incentives for dominant enterprises in traditional industries

• Automation of traditional industries

• Incentives for small and medium-sized enterprises in these industries which are “specialised, sophisticated, special and new”

• Incentives for incremental revenues in software and information services

• Upgrade to the industrial internet

• Industrial software incentives

Source: Bureau of Industry and Information Technology of Dongguan