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Industry

Shaanxi initiates industrial structure adjustment guidance fund application

October 25, 2018


Abstract : Financial Department of northwest China’s Shaanxi province has initiated application for industrial structure adjustment guidance funds to advance industrial upgrades and achieve high-quality economic development.

NEV

BEIJING, Oct. 25 (Xinhua) -- Financial Department of northwest China’s Shaanxi province has initiated application for industrial structure adjustment guidance funds to advance industrial upgrades and achieve high-quality economic development.

The guidance funds would be provided in three ways including discount loans, capital input and subsidies, mainly supporting projects in fields such as new energy vehicles, smart vehicles and accessories, intelligent robots, rail transit equipments, high-end medical equipment and medicines, new materials, smart manufacturing, chemical, non-ferrous, food as well as other industry optimization and upgrading projects, according to Shaanxi Provincial Development and Reform Commission.

Construction projects for the integration of first, second and third industry would also be given prior support. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: Shaanxi NEV

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