China will Promulgate Relevant Policies to Support independent innovation of enterprises
Date: 2008-09-03
Zhu Hongren, the director of Monitoring and Coordination Bureau in Ministry of Industry and Information Technology, recently said the government would promulgate a series of policies when facing the difficulties from export textile enterprises, and there were various policies under study, which related to credit, taxation, support & assistance to SMEs and encouragement to independent innovation of enterprises.
In the view of macroeconomic situation, Zhu Hongren pointed out that the macro-control goal of central government in the second half of this year was to maintain a fairly fast economic growth while preventing excessive growth of price, and took preventing inflation as the primary task. The Ministry of Industry and Information Technology would be in accordance with the arrangement of central government to speed up the transformation of industrial development and the pace of structural adjustment, to ensure the realization of the goal and make the price do not rise too rapidly and affect economic development.
Hou Shiguo, the director general of the Industrial Policy Department in Ministry of Industry and Information Technology, introduced that according to the issues emerged in economic development at home and abroad, China supported the investment in the following areas currently: first, the agriculture; second, the restructuring; third, the energy-saving and emission-reducing; fourth, the independent innovation; fifth, the social undertakings, including education, health care, insurance, financial services and so on .
