Liuzhou Yanghe Industrial District awarded 1.427 million yuan (about $230,000) to 29 enterprises to honor their contributions on July 3. Another 30 million yuan ($4,830,000) will be distributed to support their technological transformation, innovation and applied research.

Yanghe Industrial District emphasized solving the enterprises’ financing difficulties. By introducing financing institutions to the industrial district twice since April, 96 enterprises have received financial support from banks. The financing volume has been nearly 500 million yuan so far.

Yanghe Industrial District now has 16 autonomous-region leveled enterprise technology centers, 30 new high-tech enterprises, seven engineering and technological research centers and four new autonomous-region leveled research and development centers.

Source: China Daily